Insights and Stories on COVID-19

May. 5, 2020 at 6:58 pm CDT

MarketsFarm — The Port of Thunder Bay reports “a surge in grain throughput” as the global COVID-19 pandemic has led to tight grain supplies in some countries and an increase in demand. Grain moved through Thunder Bay, on the northern shore of Lake Superior, is loaded onto “laker” vessels that […]

By MarketsFarm Team

May. 5, 2020 at 4:49 pm CDT

Chicago | Reuters — Chicago corn futures gained on Tuesday, following energy markets higher on hopes of renewed ethanol fuel demand as lockdowns ease, but were capped by ahead-of-schedule planting across the U.S. Midwest, analysts said. Soybeans climbed on confirmation of new sales to China, even as the United States […]

By Christopher Walljasper

May. 5, 2020 at 12:23 pm CDT

Ottawa | Reuters — Canada will invest $252 million to help some of the country’s farming and food processing sectors weather the coronavirus outbreak, Prime Minister Justin Trudeau said Tuesday, adding more money could come later if needed. The Canadian Federation of Agriculture, one of Canada’s biggest farm groups, asked […]

By Kelsey Johnson

May. 4, 2020 at 10:55 pm CDT

Chicago | Reuters — Smithfield Foods, the world’s biggest pork processor, resumed limited operations on Monday at a massive South Dakota slaughterhouse it closed last month because of the coronavirus pandemic, the union representing plant employees said. The closure of the plant and other slaughterhouses due to coronavirus cases among […]

By Reuters

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