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While U.S. farmers are getting billions of dollars to help them through the current economic crisis, some say Canada’s efforts to help out farmers have fallen short.
News, Other

A tale of two countries’ farm subsidies

American farmers have received billions of dollars in aid and legislators are working to send out more, while Canadian farmers’ requests fall on deaf ears

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What a difference a border makes. The Canadian Federation of Agriculture (CFA) wants $2.6 billion in emergency farm aid due to reduced revenues caused by the COVID-19 pandemic, while the American government has already budgeted US$23.5 billion in ad hoc farm subsidies. That’s coming as part of its US$2-trillion Coronavirus Aid, Relief, and Economic Security
(File photo by Dave Bedard)
Crops

Nutrien cuts 2020 forecast as corn demand, potash prices hit

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Reuters — Fertilizer maker Nutrien said Wednesday it has seen limited impact from the COVID-19 outbreak, but cut its annual forecast as oil downturn hit corn demand and potash prices are hard-pressed outside North America. Biofuel producers have been hit by plummeting demand for gasoline and jet fuel after severe global travel restrictions were imposed
(Photo courtesy Canada Beef Inc.)
Markets

COVID-19 aid ‘falls short,’ farm groups warn

Aid package includes AgriRecovery for cattle, hog sectors

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Ottawa — Despite Prime Minister Justin Trudeau saying more money will be provided if needed, the agriculture sector continues to criticize Ottawa’s $252 million in COVID-19-related financial aid offered to producers and processors. “If we have to add more, we will,” said Trudeau, after announcing new funding and programming. The federal government is offering an
Going paperless: Pandemic makes digital a new reality
Farmit Manitoba, Other

Going paperless: Pandemic makes digital a new reality

The COVID-19 pandemic response is driving farms and companies to paperless transactions

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The COVID-19 crisis is forcing changes to how business is done in Canadian agriculture, driving a long-delayed move to digital business transactions. Deliveries from or visits to a supplier often doubled as social interactions in farm country, but that face-to-face culture is being supplanted by digital bits. Why it matters: Paper transactions and payments move
CBOT July 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn gains with rising crude, limited by early planting

Soybeans rise on sale to China, despite tariff talk

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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 renewed tariff threats over China’s
Prime Minister Justin Trudeau speaks at Rideau Cottage in Ottawa in this April 24, 2020 file photo. (Photo: Reuters/Blair Gable)
Markets

Trudeau pledges $252 million in COVID-19 aid for farmers, processors

Dairy commission's credit line extended for storage program

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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 Ottawa last week for an
File photo of a truck arriving at a Smithfield Foods pork plant at Smithfield, Va. on Oct. 17, 2019. (Photo: Reuters/Tom Polansek)
Hogs, Livestock

Smithfield starting to reopen Sioux Falls hog plant, union says

Major plant was shuttered by COVID-19 outbreak

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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 employees has led to temporary
(File photo by Dave Bedard)
Beef cattle, Livestock

Cargill’s High River plant reopens with two slaughter shifts

Cutting line to resume Wednesday

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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 plant “with two shifts” in

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