Farms.com Home   News

Livestock Sector Looks to the Federal Government for Help

For the past couple of weeks, Canada's livestock sector has been asking Ottawa for help to get through the current crisis with COVID 19. 
 
Many packing plants where livestock producers usually send their animals, are either closed or at reduced shifts because of outbreaks among workers.  That's been especially troubling for the pork industry, where hogs need to be shipped to market once they've reached the proper weight.
 
According to Dennis Laycraft of the CCA, agriculture has been moved to the "top of the list" when it comes to funding priorities for the federal government.  The prime minister also hinted at that during one of his daily COVID update on the weekend. The PM said his government is looking at additional ways to support agriculture in the coming days.
 
If packing plants remain closed for too long, producers could lose hundreds of millions of dollars, and consumer will notice fewer meat choices at their grocery store.
Click here to see more...

Trending Video

NEW “FEMO” = AI STOCK FRENZY!

Video: NEW “FEMO” = AI STOCK FRENZY!


The new acronym on Wall Street is not “FOMO”, its “FEMO” - Fabulous Earnings Momentum. DELL this week crushed their earnings and revenue guidance sending the stock up 40%! Micron's valuation went from 500 billion to 1 trillion in 48 days!
U.S. Corn Belt drought expanding need timely rains in June.
Rumors this week that China was lowering U.S, ag tariffs and wanting to buy U.S. corn?
Flood could damage crops in China like corn and wheat.
U.S./Iran 60-day truce = lower crude oil futures by end of June.
U.S. urea futures down 28%.
Soy oil and canola futures technically breaking out
+ CFTC.