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Pulses

A freighter is loaded with grain from a terminal at Vancouver’s Burrard Inlet. (Maxvis/iStock/Getty Images)
Crops

Handlers focus on keeping grain moving despite COVID-19

Grain companies, Canadian Grain Commission working but unsure of future

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Canada’s grain companies are committed to keeping grain moving to domestic and export customers, but how the spread of COVID-19 might affect business is still an unknown, says Wade Sobkowich, executive director of the Western Grain Elevator Association. “We are are going to do everything in our power to keep grain moving at this time,”
Oil is an “imperfect barometer” for how other commodities will perform, FCC’s J.P. Gervais says. (Screengrab from Farm Credit Canada video via YouTube)
Markets

Impacts on ag expected as COVID-19 rocks markets

Farmers urged to manage expenses

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Stocks continuing to plunge during the COVID-19 coronavirus pandemic have left agricultural producers in Canada concerned about the potential impact. Thursday marked the biggest drop in Canadian stocks in 80 years, highlighted by many economists warning the country is on the brink of recession. Beyond growing fears of COVID-19’s economic impact, oil and gas stocks
(CervusEquipment.com)
Crops

Cervus to expand Saskatchewan reach

Deere chain announces Nipawin shop, Farm At Hand tie-in

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Deere farm equipment dealer chain Cervus Equipment is set to expand its reach in northeastern Saskatchewan next month. Calgary-based Cervus — which operates 21 Deere dealerships in Alberta, Saskatchewan and British Columbia along with 42 other machinery dealerships in Canada, Australia and New Zealand — announced Thursday it plans to have a new dealership open
(Dave Bedard photo)
Crops

Bayer reported inching toward glyphosate settlement

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Reuters — Bayer has agreed on draft settlement terms with half a dozen law firms representing tens of thousands of plaintiffs alleging that its Roundup herbicide causes cancer, the Wall Street Journal reported on Friday, citing people familiar with the matter. Shares of the German drugs and pesticides company have come under immense pressure since
An image created by Nexu Science Communication, together with Trinity College in Dublin, shows a model structurally representative of a betacoronavirus, the type of virus linked to COVID-19. (Nexu Science Communication via Reuters)
Markets

Fraser: What will be the long-term impact of COVID-19?

Analysis: A pandemic runs the risk of driving nations further apart

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As developments around the COVID-19 coronavirus change rapidly, I can’t help but speculate on the longer-term effects of it. By now, much has been made of the economic impact it — alongside the Saudi Arabia-Russia oil trade war — will have on global economies. While it’s guesswork to estimate the total impact without knowing how
Empty shelves out of stock of pasta are pictured in a supermarket in London, England, March 6, 2020.
Markets, News

Fear is the price killer in commodity markets

COVID-19 | Cuts in key interest rates helped slow the declines in futures

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There’s no doubt that the COVID-19 coronavirus is having a tremendous effect on commodity markets. Although Canada and the United States have a mere fraction of the reported cases and deaths, fears toward COVID-19 have generated sharp losses in North American markets. There was something of a reprieve this week as the U.S. Federal Reserve
Pinto beans. (Vergani_Fotografia/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: Bids underpin Manitoba edible bean area

Province's soybean acres expected to fall

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MarketsFarm — Solid prices should keep Manitoba farmers growing edible beans in 2020, although soybean area will likely drop, according to a provincial specialist. Disappointing harvest weather in 2019 hurt yields and cut into harvested area for edible beans in both Manitoba and across the border in the United States. As a result, prices heading
(ImagineGolf/E+/Getty Images)
Crops

Ag chem industry watching COVID-19’s spread

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MarketsFarm –– China is a major producer of agricultural chemicals — and disruptions to production would have a ripple effect on North American supplies of crop protection inputs, such as herbicides and insecticides. Plant closures and transportation issues due to the spread of COVID-19 coronavirus are being followed closely, but the Canadian industry is reportedly

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