Insights and Stories on COVID-19

Apr. 15, 2020 at 5:54 pm CDT

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 […]

By Glen Hallick - MarketsFarm

Apr. 15, 2020 at 3:14 pm CDT

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 […]

By Phil Franz-Warkentin

Apr. 13, 2020 at 11:21 pm CDT

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 […]

By Rod Nickel, Tom Polansek

Apr. 13, 2020 at 10:19 pm CDT

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 […]

By GFM Staff

Apr. 13, 2020 at 8:07 pm CDT

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 […]

By GFM Staff