Rumor that China may invoke "Force Majeure" in regards to U.S. trade deal. This trade deal supposed to help U.S. farmers.
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Masters at marketing those chinese people are....can a farmer claim force majeure because of rail blockades and other issues out of their control????? -
My guess is lower grain prices and higher input costs....but guys can make it up on volume...Comment
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Need a MFP program here in canuckistan.Comment
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2020 will not be good on the farm.Comment
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I think farmers will become sick with corona virus just like everyone else.ðŸ˜Comment
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If China invokes force majeure on the US trade deal, they will still need to source the products elsewhere, and in the meanwhile, the CAD continues to slide vs the USD, it may make our ag exports more competitive into China, and buy back some market share for Canadian products.
Pigs and people still need to eat, so far there doesn't seem to be any realistic scenario whereby the death rate is significant enough to make any dent in demand.Comment
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Taking a longer term view.
How many reluctant city dwellers see this event as the straw that broke the camels back, being crammed into that toxic mass of humanity in the midst of (yet another?) deadly pandemic, quarantined under quasi military lockdown, with empty store shelves and no way to grow their own? And see the obvious solution being to get out of the city as far as possible, especially in the era of instant communication from anywhere, when many jobs can be performed from anywhere.
How many of those folks want to own a piece of the countryside, and does that have any effect on land prices in the middle of nowhere?Last edited by AlbertaFarmer5; Feb 28, 2020, 09:11.Comment
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I think the Ottawa virus is a bigger threat.Comment
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