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Tag Archives COVID-19

(Photo courtesy Canola Council of Canada)
General, Markets

Cash advance repayment deadlines extended

FCC gets added capital to boost lending capacity

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Canadian farmers who have repayment deadlines coming up on their cash advances between now and the end of April will get extra time to repay those loans. The federal government on Monday announced a stay of default on loans coming due on or before April 30 under the Advance Payments Program (APP), among other measures […] Read more
Reginald Conyers, a traveling busker, plays the trumpet outside a Safeway while people observing social distancing wait in line to enter the store in Oakland on March 20, 2020. (Photo: Reuters/Kate Munsch)
Crops, Markets, Reuters

Panic buying, lockdowns may drive world food inflation

World has ample grain and oilseed supplies, FAO and analysts say

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Singapore | Reuters — Lockdowns and panic food buying due to the coronavirus pandemic could ignite world food inflation even though there are ample supplies of staple grains and oilseeds in key exporting nations, a senior economist at FAO and agricultural analysts said. The world’s richest nations poured unprecedented aid into the global economy as […] Read more
Dennis Laycraft. (John Greig photo)
Beef Cattle, Livestock, Markets

Beef sector mobilizes against supply disruptions

Keeping border open, meeting demand for beef are top priorities

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Teams of livestock and government officials are quickly creating plans and policies to keep the sector functioning during the COVID-19 pandemic, says the executive vice-president of the Canadian Cattlemen’s Association. “Our primary objective obviously is to insure there is stable beef production and trade that can continue under the situation with the COVID-19 pandemic,” Dennis […] Read more
(HLS.ca/virden)
Livestock, Markets

Auction marts urged to introduce social distance

Cattle are still flowing through auction marts as scheduled

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The Livestock Markets Association of Canada wants to see more social distance at auction marts in the wake of COVID-19. The association has released an emergency response policy, asking its members to implement social distancing and prevention measures against the virus. “What we are looking at is trying to get a consistent message out to […] Read more
(Alexey Rezvykh/iStock/Getty Images)
Crops

No delays expected in fertilizer distribution

National fertilizer association doesn't expect any disruptions to deliveries

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Should farmers expect delays to fertilizer deliveries heading into spring seeding? “Not if we can help it,” Fertilizer Canada CEO Garth Whyte said Thursday.”We’ve weathered all the rail system disruptions that we had over the last six months, and now, with COVID-19, we’re doing OK. “We’ve put contingency plans in at our manufacturing plants, at […] Read more
The coronavirus’s spread has shifted beef consumer behaviours to end cuts and grinding and trim products.
Beef Cattle, Markets

COVID-19 pandemic sees cattle markets plunge

The Markets with Deb McMillin, from the April 2020 issue of Canadian Cattlemen

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Fed Cattle Global uncertainty resulting from the rapidly changing COVID-19 pandemic has caused all financial and commodity markets to struggle. The cattle markets have not been excluded from this as we have watched the fed cattle price plummet in recent weeks. The fed cattle cash average is $141.54/cwt, which is $22/cwt lower than the high […] Read more
(Dave Bedard photo)
Crops

Saskatchewan pares ag spending in estimates

Spending estimates released without revenue forecasts

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Saskatchewan expects to pull back its spending on agriculture by about $22.4 million in its 2020-21 budget year, mainly in a reduced outlay on business risk management (BRM) programs. Provincial Finance Minister Donna Harpauer on Wednesday tabled the province’s 2020-21 spending estimates with the “unusual step” of not including revenue forecasts, citing the current COVID-19 […] Read more
Commonly used surfaces, such as truck door handles, should be cleaned more often. (Kali9/E+/Getty Images)
General, Machinery

Take extra steps to keep farm workers safe during COVID-19

Add biosecurity practices, or ramp up the ones you already employ

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Farmers concerned about the spread of COVID-19 can learn from the hog sector on the matter of protecting themselves and their workers, says a leading expert on biosecurity in the pork industry. “This is the world of biosecurity that the swine industry deals with on a daily basis,” said Dr. Egan Brockhoff, veterinarian counsellor for […] Read more
(Dave Bedard photo)
Crops, Machinery

No Prairie farm fuel shortages expected in pandemic

Continuity plans in place to keep fuel moving

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Prairie farmers shouldn’t see a disruption to their farm fuel distribution as a result of COVID-19 safety measures. “Our members are committed to minimizing disruptions to the Canadian fuel supply as a result of the pandemic response,” Canadian Fuels Association spokesperson Jason Vaillant said in an email. “Our members are working tirelessly to maintain operations […] Read more
CME May 2020 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs fall on demand uncertainty

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Chicago | Reuters — U.S. livestock futures fell on Wednesday, pressured by sharp declines in the equities markets and uncertainty about demand due to the COVID-19 coronavirus pandemic. The cattle and hog markets surged on Tuesday because of strength in the cash market after consumers cleared out grocery store shelves in anticipation of being homebound […] Read more

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