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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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.
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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.
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Originally posted by AlbertaFarmer5 View PostIf 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.
Not seeing what the panic is...
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Bucket
"Not seeing what the panic is.."
Media, Media Media. Good reason to drive Financial Markets down so the big boys and ride it up again. Exactly the same thing happen with Sars, H1N1, Zika virus, and Ebola.
Look at the charts and see the dips.!
In fact CBC interviewed a scientist from Montreal, Michel Chretien, who stated that they have developed a pill the has tested positive in curing Sars, Zeka, and H1N. The Swiss has mass produced the pill and the Chinese have been in contact with the lab in Montreal. The Chinese are starting today giving patience with the Covid 19 to see if it works.
Will you guys be able to handle it if the drug does work and it came from CANADA?
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Originally posted by foragefarmer View Post
In fact CBC interviewed a scientist from Montreal, Michel Chretien, who stated that they have developed a pill the has tested positive in curing Sars, Zeka, and H1N. The Swiss has mass produced the pill and the Chinese have been in contact with the lab in Montreal. The Chinese are starting today giving patience with the Covid 19 to see if it works.
Will you guys be able to handle it if the drug does work and it came from CANADA?
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Originally posted by AlbertaFarmer5 View PostHow 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?
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