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Tag Archives COVID-19

CME December 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures retreat as COVID surge stokes demand worries

CME lean hog futures end mixed

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Chicago | Reuters — U.S. cattle futures fell on Wednesday as rising coronavirus infection rates stoked concerns about potential supply-chain disruptions and reduced demand for beef as health restrictions shutter restaurants and discourage travel. U.S. stocks dove on Wednesday as investors weighed surging COVID-19 infections and mounting shutdowns against encouraging vaccine developments. An April plunge
CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

CBOT weekly outlook: Corn, soy continue rallies

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MarketsFarm — Commodities on the Chicago Board of Trade (CBOT) have appreciated a significant rally over the past weeks. Last week’s world agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA) detailed lower-than-expected ending stocks for soybeans, which were bullish for soybean values. “Beans are on a mission right now,” said
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)
Livestock, Markets

Irritated trade partners push back on China’s coronavirus food tests

Canada rips testing as 'unjustified trade restrictions'

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Beijing/Geneva | Reuters — Major food-producing countries are growing increasingly frustrated with China’s scrutiny of imported products and are calling on it to stop aggressive testing for the coronavirus, which some say is tantamount to a trade restriction. China says it has found the virus on the packaging of products from 20 countries including German
KAP, fruit growers backed for COVID-related costs
News, News & Opinion

KAP, fruit growers backed for COVID-related costs

Online infrastructure, work-from-home setups led to unexpected costs in 2020

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Federal funding for organizations supporting small businesses will help Keystone Agricultural Producers and Prairie Fruit Growers Association pay for unexpected expenses brought on by COVID-19. For KAP, this includes setting up staff to work from home and hosting webinars. “All these things have additional costs, which for a small organization was unexpected,” said Patty Rosher,
CME December 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures up as Wall Street rallies

COVID-19 worries remain in picture

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Chicago | Reuters — U.S. cattle futures ended mostly higher on Monday on spillover support from soaring equities markets, although gains were limited by worries about rising coronavirus infections and likely restaurant closures. News of a second promising COVID-19 vaccine lifted both the S+P 500 and the Dow Jones Industrial Average to record highs on
Onions are sold at a market at Dharavi, one of Asia’s largest slums, in Mumbai, India on April 7, 2020. (File photo: Reuters/Francis Mascarenhas)
Crops, Markets

High food prices hurting India’s poor

Inflation pain expected to persist for months yet

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New Delhi | Reuters — India’s retail inflation may stay elevated for at least three more months after hitting a six-year high in October, as excess rain has damaged standing crops and seedlings, while edible oils that the country imports have become expensive. The high prices are a particular cause of concern for India’s hundreds
CME December 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: Cattle futures sag as COVID surge threatens meat demand

Demand uncertainty also weighs on hogs

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Chicago | Reuters — U.S. livestock futures slumped on Friday as soaring coronavirus cases raised expectations for lockdowns on commerce that will hurt demand for meat from restaurants, hotels and other venues, analysts said. Cities and states across the country have moved to re-impose restrictions to tame new spikes in COVID-19 infections and hospitalizations. Additional
Cattle values up with U.S. futures
Livestock Markets, Markets

Cattle values up with U.S. futures

The province hasn’t put any new pandemic restrictions on livestock markets

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Cattle prices at Winnipeg Livestock Sales were a bit higher over the last week, according to the auction’s Scott Anderson. There have been positive moves in the market over the last few weeks, he said, largely due to an upswing in the U.S. futures markets. “I think this will continue through this week as well,”
(JBSs.infoinvest.com.br)
Livestock

JBS gears up for U.S. and Brazil expansions

Brazilian meat giant reiterates plans following strong Q3 results

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Sao Paulo | Reuters — Food processor JBS SA reiterated plans to grow production capacity in Brazil and in the United States after posting strong third quarter results, executives said in a conference call to discuss earnings on Thursday. CEO Gilberto Tomazoni said 12 of the company’s plants in Brazil were being expanded, as JBS
Concerted effort needed to make winter what you want it to be
Farmit Manitoba, Other, Weather

Concerted effort needed to make winter what you want it to be

With events cancelled, travel on hold and entertainment scant, winter threatens to be long and lonely

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Five days before Christmas, Pilot Mound residents cut the ribbon and cut the carrot cake inside their brand new, community-run theatre. After a decade of work and community fundraising events, the volunteer board that runs the theatre was so happy to open, said Heather Brewster, a board member. On March 19 the Tivoli Community Theatre

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