This week's second Q & A LIVE segment features Leftfield Commodity Research analyst Jon Driedger and Shaun Haney discussing all things grain markets. Listen/watch for a full discussion on corn market dynamics, livestock ration swap-out options, why oats may face major over-supply, and the good news story that is pulses. Tune in Tuesday, April 28th,... Read More
Category: Trade
Canada and nearly two dozen other members of the World Trade Organization (WTO) are urging global leaders to avoid taking measures that adversely affect trade of agriculture products while responding to the COVID-19 pandemic. The group, which includes the European Union, the United Kingdom, and the United States, issued a joint statement on Canada's request... Read More
As we navigate the COVID-19 pandemic, people are trying to compare this situation to what's happened in the past. From a health perspective, there are parallels to the 1918 Spanish Flu; but from an economic standpoint, many are bringing up the early eighties and even the Great Depression of the '30s. My grandfathers lived through... Read More
There is no question that the COVID-19 pandemic will have a huge impact on the global economy. The major disruption to food supply chains is one that will have a significant impact on domestic policy, infrastructure investment, and trade patterns in both the short and long term. Al Mussell, research lead with Agri-Food Economic Systems,... Read More
During the NAFTA renegotiations, it was continually reinforced by Canada and the U.S. that the beef supply chain between the two countries is highly integrated. From a trade perspective many look at this as a positive, but that does mean we share in market risk. Early on Monday, April 13, RealAgriculture was notified by feedyards... Read More
Olymel has notified pork producers in Ontario who ship to its processing plants in Quebec that it intends to exercise the force majeure clause due to the COVID-19 pandemic, according to industry sources. By invoking the clause, the company would no longer be required to purchase market hogs under the terms of the contracts it... Read More
No one can predict how long the COVID-19 pandemic will last, but a huge focus on social and physical distancing has been effective, at least in part, to "flattening the curve" of infection and critical illness. Tracking on an inverse curve is the local and global economy. Right now uncertainty, social distancing, and shuttered businesses... Read More
Olymel's decision to shutter a Quebec pork processing plant for a full two weeks after nine staff tested positive for COVID-19 means that the pork industry has had to mobilize to ensure pork continues to be processed and that pork producers have somewhere to deliver hogs. "There's a lot of upheavals right now, in our... Read More
Early reports today that China would fully re-open its market to all Canadian canola are not correct, according to both the Canola Council of Canada and Agriculture and Agri-Food Canada. Today marks four years since Canada signed an MOU with China on the blackleg issue. Discussion this week between China and Canada have been centred... Read More
It's been an eventful start for the new president of the Canadian Cattlemen's Association (CCA), as Bob Lowe, a rancher from southern Alberta, was elected to lead the national cattle producer group earlier this month. Lowe, who takes over from David Haywood-Farmer, joined us on RealAg Radio on Rural Radio 147 last week to discuss... Read More