Farms.com Home   News

Chicken Farmers Playing Waiting Game

Canada Farmers of Canada (CFC) says that the government does not fully understand what they need to mitigate specific impacts caused by COVID-19.
 
The organization notes that farmers have lowered their production by 12.6% for May and June and by 11% for July and August to address the concerns of their value chain partners and give the system a bit more breathing room.
 
“We’re not looking for compensation for our reduced production,” said Benoît Fontaine, Chair of Chicken Farmers of Canada, “We’ll take care of this ourselves. The issue arises with the potential of having to depopulate flocks. What we’re asking for is a commitment to cover both the value of the birds and the costs related to any required depopulations due to COVID-19.”
 
CFC says the entire value chain has worked to avoid having to depopulate flocks, by rerouting birds when plants have had to close due to COVID-19 outbreaks.
 
The group notes the uncertainties resulting from COVID-19 are in addition to the financial stress farmers were already facing with the ratification of the Comprehensive and Progressive Agreement for Transpacific Partnership (CPTPP). Farmers lost a significant portion of their domestic market and have been waiting on government to announce programs to strengthen the long-term sustainability and competitiveness of the sector for over a year.
Click here to see more...

Trending Video

14 Days until The TrumpXi Meeting! Phase 2 Trade deal Bullish AG

Video: 14 Days until The TrumpXi Meeting! Phase 2 Trade deal Bullish AG

The countdown to the Trump/Xi meeting in Beijing is on- it happens in mid-May & Trump says trip to China will be “great”!

New technical breakout in KC wheat and canola futures.

May weather forecast remains cool/wet for U.S. east but dry out west.

S&P 500 surged +14% in April to new record highs!

Funds now worried about a prolonged war with Iran and higher fertilizer/diesel prices for longer impacting global grain production.

UAE leaving OPEC on May 1 while OPEC + looking to increase output again.

U.S. farm bill passes after 5 long years! E15 + top winners and losers in April CFTC and more.