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CETA Troubles 'Unfortunate', Says Former High-Ranking US Ag Official

 
Both sides are working hard to get a deal done, after trade talks between Canada and the European Union stalled late last week.
 
Canada's International Trade Minister Chrystia Freeland walked out of meetings on Friday, after failing to come to terms with the Belgian region of Wallonia.
 
Dr. Joe Glauber, former Chief Economist of the US Department of Agriculture, got wind of the news after giving a presentation in Winnipeg.
 
"I think it's unfortunate," he said. "It is symptomatic of what you're seeing I think globally right now with a lot of difficult negotiations. I don't know from the European standpoint, how much of the CETA issues are now complicated by Brexit and other things."
 
Glauber says it's hard to believe that CETA (Comprehensive Economic and Trade Agreement), a deal which was essentially done, would not get ratified.
 
Source : Portageonline

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Did Bears Win Thanksgiving, Will Bulls Get Christmas?

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Did the bears win Thanksgiving (although this week had green on the screen), and will the bulls get Christmas? Bears won thanksgiving thanks to a USDA Nov crop report dud that stalled the bullish grain momentum for a brief period. But a bullish lower yield surprise in the Dec crop report could reignite the rally.
2026 U.S. winter wheat planting is nearly complete at 97% while crop conditions improved by 3 points to 48% good-to-excellent. US corn & soybean harvest is complete.
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A U.S. Fed rate cut in December will help fund flow and sentiment.
Bitcoin held a long-term support at 80,000 and that's positive for fund flow and sentiment. It should help stock prices and Ag as we go into December.
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Will a Russia-Ukraine peace deal happen by year-end?
CFTC data as of showed more managed money fund sell-off as of October 14th.