Outlook for the rest of the year is promising despite disruptions.
Ottawa—Exports of grains, oilseeds and pulses were 8.1 per cent higher in the first six months of 2020 than during the same period last year, says Farm Credit Canada.
It was a notable performance considering “the COVID-19 pandemic triggered a global recession, highlighted by severe supply chain disruptions, including reductions in processing capacity and plant shutdowns.”
Producer deliveries during the first half of the year were up 13.5 per cent from the same period in 2019. “Exports are competing with a strong domestic demand.”
FCC said in addition to COVID, “Global trade …read more
Source:: National Newswatch