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COVID-19 Creating Challenges For Farmers

COVID-19 has created a number of challenges for Manitoba farmers.

Bill Campbell is president of Keystone Agricultural Producers (KAP).

"One of the things that has happened is that the doctors are no longer taking appointments and so we have farmers who have Class 1 licenses that need renewal of medical and renewal of the licensing. We also have new applications for Class 1 licensing and those have all been suspended. As we come upon the seeding season, there may be some farmers who do not have a valid Class 1 license."

Campbell also has questions about which, if any, agricultural services/products will be allowed to cross the Canada/U.S. border.

 

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Iran War = “Trend is Your Friend” Short-Term BUT……

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Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.