Grain markets have come under pressure as a result of the coronavirus.

Jon Driedger is vice-president of with LeftField Commodity Research.

"The losses, the pressure has come particularly in the oilseeds like canola and soybean oil. They were the markets that got hit the hardest earliest. Now more recently we've been seeing a little bit of catching up to the downside on wheat and corn as well. Not as much as the oilseeds, those have been the markets that have been hit the hardest but everything has been coming under pressure here."

Driedger says the big issue is how the virus is going to impact demand.

"I think from a longer term perspective, I don't think the impact is going to be that huge," he commented. "Ultimately at the end of the day, people may travel less, or those sorts of things, maybe economic activity slows down, but people still need to eat. So unless this thing just becomes catastrophically worse than what current expectations are, I don't know that long term demand is going to get hurt that much."