Reading Time: 2 minutes Reuters — The U.S. government plans to buy milk and meat from farmers as part of an initial US$15.5 billion effort to help them weather the impact of the coronavirus outbreak, Agriculture Secretary Sonny Perdue said on Wednesday. The decision comes amid rising pressure from the U.S. farm lobby for government purchases as growers and […] Read more
Trump administration aims to buy milk, meat to help farmers, Perdue says
Homeland Security to ease visa rules for ag workers
‘So far, so good,’ fertilizer sector says
Fertilizer Canada says vast majority of members have sufficient supplies in place or en route
Reading Time: < 1 minute There shouldn’t be any problems in supplying farmers with fertilizer this spring, says the organization representing manufacturers and distributors. “Our members are set to go,” Fertilizer Canada president and CEO Garth Whyte said in a news release Wednesday. “COVID-19 plans were quickly established at facilities, in conjunction with being declared an essential service, there was […] Read more
Beef cattle producers seek new set-aside plan
Cattle groups, Tories call for revival of BSE-era program
Reading Time: 3 minutes Canada’s beef cattle producer groups and federal Conservatives want to see the revival of a BSE-era program to hold cattle back against the risk of further lost options for slaughter. The Canadian Cattlemen’s Association on Monday hearkened back to its March 24 list of recommendations to the federal government for support measures against the impacts […] Read more
U.S. grains: Corn futures set 3-1/2 year low as ethanol output tumbles
Soy futures consolidate after 3-1/2 week low
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures dropped to their lowest level in about 3-1/2 years on Wednesday as weekly ethanol output set a record low, reflecting weak demand for the crop during the coronavirus outbreak. Soybean and wheat futures also fell at the Chicago Board of Trade. Demand for corn-based ethanol has suffered as […] Read more
ICE weekly outlook: Loonie’s rally kept canola lower
CBOT soymeal, soyoil also drag on canola
Reading Time: < 1 minute MarketsFarm — Canola prices dropped over the last week due to a combination of factors, according to David Derwin of PI Financial in Winnipeg. The Canadian dollar was one of those factors, as it had a small rally that pushed the loonie to almost 72 U.S. cents. That rally ended Wednesday, however, when the dollar […] Read more
CBOT weekly outlook: Poor ethanol demand weighing on corn
Reading Time: 1 minute MarketsFarm — Losses in crude oil and ethanol have weighed heavily on grain and oilseed markets, with Chicago Board of Trade corn falling to fresh contract lows Wednesday. General uncertainty over COVID-19 is expected to keep a bearish tone in the market. “The big thing has been the overall slowdown in ethanol production,” said Tom […] Read more
‘Elbow to elbow:’ North America’s meat plant workers fall ill, walk off jobs
Supply chains struggling to keep pace with surging demand
Reading Time: 4 minutes Chicago/Winnipeg | Reuters — At a Wayne Farms chicken processing plant in Alabama, workers recently had to pay the company 10 U.S. cents a day to buy masks to protect themselves from the COVID-19 coronavirus, according to a meat inspector. In Colorado, nearly a third of the workers at a JBS USA beef plant stayed […] Read more
Beef Farmers of Ontario ask for curb on cull sales
BFO concerned over processing 'backlogs'
Reading Time: 3 minutes Updated, April 15 — Ontario’s cattle producer organization is asking members to consider delaying sales of cull cows until market conditions “normalize.” Beef Farmers of Ontario’s board on Thursday published a memo to beef and dairy cattle producers, asking them to help “prevent a further surge in cull cows in the market” — especially of […] Read more
Cargill halts second shift at High River beef plant
'Additional safety measures' also in place, company says
Reading Time: 2 minutes Cargill is temporarily idling its second shift at one of Canada’s biggest beef packing plants to “minimize the impact” of the COVID-19 coronavirus. The company announced Monday it would reduce shifts at its High River, Alta. beef plant, about 40 km south of Calgary, effective that day and until further notice. “Our goal is to […] Read more
Cattle producers press for lower price insurance premiums
WLPIP is needed, but unused because premiums too expensive, CCA says
Reading Time: 2 minutes The Western Livestock Price Insurance Program is not functioning properly due to very high premiums and needs to be quickly revamped, says the Canadian Cattlemen’s Association. “We’re having unprecedented volatility for markets. Having tools in place for farmers and ranchers has never been more important,” executive vice-president Dennis Laycraft said during a telephone town hall […] Read more