No one can predict how long the COVID-19 pandemic will last, but a huge focus on social and physical distancing has been effective, at least in part, to “flattening the curve” of infection and critical illness. Tracking on an inverse curve is the local and global economy. Right now uncertainty, social distancing, and shuttered businesses… Read More

On Friday (March 27), the Bank of Canada initiated an emergency key rate cut of 50 bps to 0.25% in an attempt to defend the economy against the impacts of COVID-19. Additionally, the Bank of Canada will expand its balance sheet through purchases of Government of Canada securities to the tune of $5 billion per… Read More

Whether it is the drop in oil prices due to a major spat between Russia and Saudi Arabia or the COVID-19 outbreak, the ethanol industry is dealing with massive challenges in the short term. Ethanol plants in Canada and the U.S. are reportedly scaling back production as a result, which is creating concern for corn… Read More

If you don’t have diesel pre-purchased yet, when do you pull the trigger? In light of the current demand situation — hey there, global pandemic — one analyst says it may be prudent to hold off for a bit. Let’s start with demand. Without a doubt, the global response to COVID-19 is having a huge… Read More

For many of the commodity futures in meats and grains, it has been a very rough two weeks of panic selling in response to coronavirus economic impacts. The sell-off has not been isolated to agricultural commodities, as the equity market in the U.S. is now officially in a bear market and down 20% off of… Read More