Swine Grist - Spring 2020

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Swine Grist

A PERIODIC NEWSLETTER PRODUCED BY GRAND VALLEY FORTIFIERS VOLUME 7, ISSUE 1 | SPRING 2020

Dear Friends, In many parts of Canada, this winter has been one of much less snow and warmer temperatures than we’re used to. Talking with producers this month, many hope that we won’t end up “paying for” this easy winter, once the spring months arrive. Thus far 2020 has definitely been an unpredictable year with the challenges of COVID-19 now being felt around the world and unpredictable hog prices, despite the significant decrease in the China hog population due to ASF. We pray the price will remain in our favour as pork producers everywhere are feeling the pinch. In spite of all these challenges we push on and work hard at the prospect of what the future may hold and reflect on the Lord’s goodness to us over the many years. This is especially real for all of us at Grand Valley Fortifiers this year as June 2020 will mark 60 years of us being in business. While it has not always been easy, it’s always been rewarding to work with those whom I believe to be the best part of our population, the farmers. We have enjoyed 60 years of business and relationships with many of you and for that we are extremely grateful. Our new 60th anniversary logo (displayed here) will begin popping up on all our communications shortly. Thank you to all of you who have made 60 years of GVF possible with your patronage. Sincerely, Jim Ross, Founder & Chairman

ECONOMIC IMPACTS AT THE HAND OF INVISIBLE VIRUSES

by: IAN ROSS President & CEO, Grand Valley Fortifiers

T

he outbreak of coronavirus (COVID-19) in Wuhan, starting on December 31st, 2019 has dominated news headlines so far in 2020. At the time of the writing of this article, COVID-19 has spread to 172 of the 195 countries of the world with over 850,000 confirmed cases and over 45,000 confirmed deaths attributed to the virus. Certainly, our thoughts and prayers are with all of the families that have been impacted by this new infectious virus. The human impact of this virus is significant and tragic. The significant economic impact of COVID-19 is being felt globally. Major stock market indices have decreased from their highs by about 30%. Major auto manufacturers have shut down production of their North American plants and now some are converting their production from cars to ventilators. Many retailers have chosen to close or, in many parts of the world, been forced to close by local or federal governments. When COVID-19 first broke out in China, we were reminded just how many goods are sourced from China. With factories of all kinds been shuttered in various parts of China, keeping employees at home to mitigate the spread of the virus, global shortages of many types of goods have been felt. Many types of electronics, components and finished goods, are manufactured in China, including the Apple iphone. Empty sea containers have piled up in Asia as North American goods continued to head overseas but the volume of Chinese goods coming back was curtailed.

Dr. Samuel Waititu, Monogastric Nutritionist AB / SK: 1-866-610-5770 MB: 1-866-626-3933 fortifiednutritionltd.com

Swine-producing counties surveyed by Nong Cai Bao Dian journalist: Numbers are current swine inventory as percent of “normal” Cited by Dim Sums “80% Decline in Pigs in Country Survey by Journalist” December 30th 2019.

Human and livestock grade pharmaceuticals, and feed ingredients, including vitamins are all sourced from China. With the shortages and delays that have been experienced, vitamin prices are back on the rise. However, news reports suggest that as the rest of the world faces shut downs or complete lock downs, China is beginning to “get back to work”. With all of the news focus on COVID-19, African Swine Fever has taken a back seat on main stream and social media. None the less, the pork supply situation in China remains dire. Although the Chinese Ministry of agriculture and Rural Affairs states that “only” 40% of the national pig population has been eliminated due to ASF and that production is rebounding, the facts on the ground suggest that not only are herd rebuilding efforts

Ian Ross, President | Jim Ross, Chairman | David Ross, VP & CMO Dr. Martin Clunies | Bruce Schumann | Adam Totafurno | Kayla Silva, Monogastric Nutritionists Michael Peckover, Publisher


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