Insights and Stories on Coronavirus

May. 4, 2020 at 8:48 pm CDT

Cargill’s southern Alberta beef packing plant, estimated to be responsible for over a third of Canada’s beef processing capacity, restarted Monday after a two-week COVID-19-related shutdown — but at a quicker pace than previously expected. The company said in a statement Monday it is resuming operations at the High River […]

By Dave Bedard

May. 4, 2020 at 5:22 pm CDT

Chicago | Reuters — Chicago soybean and corn futures slid on Monday as rising tensions between Washington and Beijing raised concern about further demand risk, on top of coronavirus disruptions to biofuel and livestock feed markets. Favourable crop weather also weighed on prices as planting advanced in the U.S. Midwest […]

By Christopher Walljasper

May. 4, 2020 at 5:16 pm CDT

Chicago | Reuters — U.S. lean hog and live cattle futures closed higher on Monday, as meat processing facilities began to open after closures of more than 20 plants due to coronavirus illnesses among workers. Rising pork and beef cutout prices have also helped give futures a boost on Monday, […]

By Christopher Walljasper, P.J. Huffstutter

May. 2, 2020 at 3:44 am CDT

Health officials in British Columbia’s Fraser Valley have ordered two more poultry processing plant closed after multiple cases of COVID-19 were confirmed among employees. Fraser Health announced April 24 it had ordered Superior Poultry Processors of Coquitlam to close after two employees of the chicken processing plant tested positive for […]

By Dave Bedard

May. 1, 2020 at 7:37 pm CDT

Chicago | Reuters — U.S. soybean futures declined on Friday as renewed concern about trade tensions between the United States and China overshadowed fresh export sales to the world’s largest soybean consumer. Corn and wheat futures also fell on uncertain feed demand and good weather across much of the U.S. […]

By Christopher Walljasper