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Tag Archives COVID-19

General

Saskatchewan agriculture minister cruises to election win

NDP's ag critic trailing, with mail-in votes still to come

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Another incumbent agriculture minister easily held his seat as Saskatchewan’s governing Saskatchewan Party scored another decisive majority in Monday’s provincial election. David Marit, MLA for the southwestern riding of Wood River since 2016, held his seat by a spread of 5,177 votes over the New Democrats’ challenger, teacher Roger Morgan, with 459 mail-in ballots remaining […] Read more
The director of the Canadian Cattlemen’s Association doesn’t see the trade relationship between Canada and China improving until some of Canada’s requests are met, including the release of Canadians Michael Kovrig and Michael Spavor.
Comment

Comment: Hold steady with China

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In mid-September, our foreign affairs minister announced that Canada was dropping trade talks with China. “I don’t see the conditions being present now for these discussions to continue at this time,” François-Philippe Champagne told Nathan Vanderklippe of the Globe and Mail. “The China of 2020 is not the China of 2016.” This was hardly surprising […] Read more
Hogs, Livestock, Reuters

Shutdown urged for Quebec pork plant after COVID-19 death

Union calls on Olymel to close site for at least two weeks

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The union for over 1,000 workers at a major Quebec hog slaughter plant is calling on the owner to temporarily close the facility against a COVID-19 outbreak now blamed for the death of an employee. Le Syndicat des travailleurs d’Olymel Vallee-Jonction-CSN said Wednesday the death of a worker earlier this week led it to demand […] Read more
General

Four Quebec farm programs’ payments to roll early

FADQ to pay out $9.1 million on four programs on Nov. 1

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Four provincial farm development programs in Quebec are to pay out to over 5,000 farm businesses a month ahead of schedule. La Financiere agricole du Quebec (FADQ), the provincial ag lending agency, announced Wednesday it will pay out about $9.1 million to businesses participating in the four programs effective Nov. 1. FADQ noted it made […] Read more
Crops, Markets

BHP covers added costs for potash project

Long-awaited decision by BHP board now expected mid-2021

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“Challenges” in completing the shafts for its Saskatchewan potash project have led the world’s biggest mining company to top up the project budget by 10 per cent. BHP, in an operational review document released Tuesday for its quarter ending Sept. 30, said its board has approved another $272 million to complete the watertight concrete and […] Read more
Finishers, Livestock, Markets, Weather

Klassen: Weather, COVID, feed grains pressure feeder market

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Compared to last week, western Canadian yearling prices were $2-$4 lower on average; calves traded $2 to as much as $6 below week-ago levels. Southern Alberta received its first snowfall of the season last week, which hindered demand for fresh replacements. Feedlots always incorporate a risk discount when the first snowfall of the year materializes, […] Read more
Livestock, Markets, Reuters

U.S. livestock: Hogs fall on profit-taking, cattle firm on bargain buying

Concerns for beef demand still drag on cattle futures

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Chicago | Reuters — CME livestock futures were mixed on Tuesday, with hog contracts falling on a round of profit taking while cattle contracts firmed on bargain buying. The benchmark December lean hog contract faced pressure after hitting its highest since Sept. 13, 2019, while February live cattle, which had fallen for four days in […] Read more
General, Markets

BMO regroups ag banking business

Ag-focused national banking team put in place

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With COVID-19 serving to “accelerate” changes in the industry, BMO Bank of Montreal says it has reset its farm banking work under the oversight of an expanded national agriculture and agribusiness banking team. BMO announced the new team approach Oct. 14, describing it as “a national team of agriculture banking specialists — team members with […] Read more

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending October 23, 2020.

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