Reading Time: < 1 minute MarketsFarm — Farmers, commodity traders and market analysts will have to wait a while for agriculture-related reports from Statistics Canada in 2020. The main reason for the delay is the COVID-19 pandemic, said John Seay, an analyst with StatsCan’s agriculture, energy, environment and transportation statistics branch in Ottawa. “Given the COVID-19 outbreak, senior management is […] Read more
Pandemic to delay StatsCan’s agriculture reports
Canadian, U.S. farms face crop losses on foreign worker delays
Reading Time: 2 minutes Winnipeg/Chicago | Reuters — Mandatory coronavirus quarantines of seasonal foreign workers in Canada could hurt that country’s fruit and vegetable output this year, and travel problems related to the pandemic could also leave U.S. farmers with fewer workers than usual. Foreign labour is critical to farm production in both countries, where domestic workers shun the […] Read more
Federal carbon tax rises despite opposition, pandemic
Ottawa not backing away from scheduled increases
Reading Time: 3 minutes Ottawa — The federal government has pushed ahead with an increase to the carbon tax despite continued calls from the agriculture sector for reprieve from the program. The price on carbon rose from $20 per tonne to $30 per tonne effective April 1. The federal Liberal government is standing firm on its commitment to increase […] Read more
Canadian farmland trending less affordable in FCC report
Average values continue rising across board
Reading Time: 3 minutes The average value of farmland in Canada is continuing to rise faster than farmers’ ability to generate revenue from it, Farm Credit Canada’s latest Farmland Values Report suggests. The report, released Monday, shows the average value of Canadian farmland rose 5.2 per cent in 2019 over 2018, the smallest year-over-year increase since 2010, and down […] Read more
How COVID-19 is upending global food supply chains
Cows fed strawberries in India, watermelons rot in U.S., okra not reaching Canada
Reading Time: 5 minutes Satara/Singapore/London | Reuters — In the fertile Satara district in western India, farmers are putting their cattle on an unorthodox diet: Some feed iceberg lettuce to buffalo. Others feed strawberries to cows. It’s not a treat. They can either feed their crops to animals or let them spoil. And other farmers are doing just that […] Read more
Pandemic planning leads to staff cuts at Agropur
Dairy co-operative enters 'business continuity' mode
Reading Time: 2 minutes Dairy co-operative Agropur’s “business continuity” plan against the COVID-19 pandemic calls for job cuts and layoffs for about three per cent of its total workforce. Longueuil, Que.-based Agropur announced Thursday it will eliminate 60 positions and temporarily lay off another 200 employees, all from its Canadian operations. In the “unprecedented context” of COVID-19, Agropur said […] Read more
Farming deemed essential in new federal pandemic guidance
Food production and supporting industries amid 'critical infrastructure'
Reading Time: 3 minutes Workers in agriculture and supporting industries are on a new federal guidance list of employees considered “essential to maintain the health, safety, security and economic well-being of Canadians” amid the COVID-19 pandemic. Federal Public Safety Minister Bill Blair on Thursday released a new guidance document, “Guidance on Essential Services and Functions in Canada During the […] Read more
Cash advance repayment deadlines extended
FCC gets added capital to boost lending capacity
Reading Time: 3 minutes 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
Panic buying, lockdowns may drive world food inflation
World has ample grain and oilseed supplies, FAO and analysts say
Reading Time: 3 minutes 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
U.S. grains: Recent declines stoke export interest
CBOT May corn, soy, wheat all rally
Reading Time: 2 minutes Chicago | Reuters — U.S. corn, soybean and wheat futures rallied on Thursday, supported by technical buying and hopes for a pick-up in export demand as recent price declines made U.S. supplies more attractive to overseas buyers. Corn was bouncing off the near 3-1/2-year low it hit on Wednesday after a rout in the energy […] Read more
A message from April Stewart, Country Guide's Associate Editor
