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Final Numbers Declare 44th Agribition As Best Show Yet

The wrap-up is done and the numbers are finally in.
 
Canadian Western Agribition officials are now declaring the 44th edition of the Regina show as the best yet.
 
The show's success can be attributed to favourable market conditions and the enhancement of core programming.
 
The anchor of the event, beef cattle, saw entries up modestly but witnessed huge increases in the value of animals being sold as a result of increases in market prices.
 
In many instances, cattle prices were 50 per cent higher than previous year with the highest selling bull at $62,000.
 
CEO Marty Seymour says the international buyer engagement was down slightly as a result of a slumping global economy and changes to the Canadian dollar.
 
However, Exhibitors more than made up for it in domestic sales.
 

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Did Bears Win Thanksgiving, Will Bulls Get Christmas?

Video: Did Bears Win Thanksgiving, Will Bulls Get Christmas?


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.
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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.
Fertilizer prices continue to climb as we look ahead to 2026. Farmers may rely more on the nutrients that they already have in their soils.
South American Weather remains critical as the soybean reproductive stage starts from late Nov to late Feb depending on planting date.
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.