The economic parallels from the COVID-19 epidemic are quickly changing from comparisons to the recent financial crisis in 2008-09 to the Great Depression. My parents and grandparents lived through the Depression and it did have many impacts on their everyday lives. The main symbol of the Depression-era mentality was the two enormous chest freezers in […] Read more
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Global grain stocks offer false sense of food security
In the event of a production shortfall, 60 per cent of available stocks would never be available to the market
MarketsFarm update: Weather woes span the Prairies
The weather during the last half of March provided some optimism about a normal start to spring. Farmers across the Prairies were preparing equipment, taking delivery of seed and fertilizer and looking forward to getting out into the field. Then the weather in early April dropped significant amounts of rain and snow across northern and […] Read more
Home flour use soars during COVID-19 pandemic
That's led to increased demand for milling wheat — at least temporarily
It is hard not to miss the lack of flour in the grocery aisles lately as consumers stock up on the “essentials”. A number of stores are just rolling out the pallets of flour into the store and they are picked clean by the end of the day. The increased domestic use of flour does […] Read more
Suddenly agriculture is important
A trend has developed in the business news channels over the past week that has not been hard to miss. Suddenly the CEO’s of the big agriculture and food concerns are being featured front and centre during the business segments. Usually these companies are noted only when they release quarterly results and even then there […] Read more
