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Saskatchewan Agriculture's Role In Climate Fight

 
Finally, some common sense is being injected into the climate change debate.
 
As Moloney points out, neither the Paris accord nor the Liberal government give any recognition to the huge amounts of CO2 sequestered by our forests, crop land and grasslands. As he states, “new farming practices such as no-till agriculture, made possible through biotechnology crops, have sequestered the carbon equivalents per annum of removing four million cars off the roads.”
 
Instead of recognizing the contribution of our agricultural sector in this matter, the Liberal government is about to impose a carbon tax that will severely damage our agricultural industry.
 
It seems the climate change gurus are doing everything in their power to control the message on the issue. Recently, talk show host John Gormley interviewed Ezra Levant, CEO of the Rebel News Network. Levant said the United Nations has refused to accredit three of its journalists, blacklisting it from covering the upcoming global warming conference in Morocco. The UN’s excuse was that they were “advocacy journalists.” Apparently, the only advocacy journalists allowed to attend are those advocating for the UN’s particular point of view.
 
 
The UN’s own Declaration of Human Rights states that everyone has the right to freedom of opinion and expression. It appears the UN is willing to break its own rules in order to control the message. To date the UN has ignored letters from several organizations in support of the RNN, including the Canadian Association of Journalists. Pretty scary stuff.
 
Bernard L. Cohen of Regina writes:
 
In his Oct. 18 commentary “Carbon pricing should be based on science,” Maurice Moloney says agricultural carbon emitters should be given credit for the carbon they “sequester.” That is nonsense.
 
Since industrialization, nations have been extracting coal and oil that was previously sequestered in the Earth’s crust for hundreds of millions of years and burning it at an ever-accelerating rate and the percentage of carbon dioxide and other greenhouse gases in our atmosphere has been going up and up. It is this accumulation that is causing our global climate to warm and become increasingly unstable. The only way to reverse this is to decelerate our burning of fossil fuels to a level that stabilizes the level of CO2 in our atmosphere.
 
Source : Leaderpost

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Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”

Video: Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”


After a week of a U.S./China trade truce, markets/trade is skeptical that we have not seen a signed agreement nor heard much from China or seen any details. There are rumors that China is buying soybean futures & not the physical. Trust in Trump?
12 MMT of U.S. soybean purchases by China by year-end is better than 0 but we all need to give it more time and give it a chance to unfold. China did lower the tariffs on Ag and is buying U.S. wheat and sorghum.
U.S. supreme court could rule against Trumps tariffs, but the Trump administration does have a plan B.
U.S. government shutdown is now the longest in history at 38 days.
But despite a U.S. government shutdown we will be getting a USDA November crop report next Friday and it could be “game changing.” If the USDA provides a bullish surprise with lower U.S. corn and soybean yields and ending stocks that are lower than expected both corn and soybean futures will break out above their ceilings at $4.35/bu and $11.35/bu respectively.
The funds continued their selling in live and feeder cattle futures on continued fears that the Trump administration want to lower U.S. beef prices. The fundamentals have not changed, only market psychology has.
Stocks markets continue to worry about a weak U.S. job market, but you can blame ChatGPT for that. In the future, we will have a more efficient, productive and growing economy with a higher unemployment rate until we have more skilled AI workers.
After 34 new record highs in the S & P 500 and 124 new records in the NASDAQ in 2025 we are back to a correction and investor profit taking as AI valuations may have gotten too stretched near-term ahead of NVDA’s 3rd quarter earnings announcement on Nov. 19th. But this is not an AI bubble.
75% of Tesla shareholders approved a $1 trillion pay package for Elon Musk!
It has rained in South America in the last 7 days, but both the American and European models agree that Central Brazil remains dry in the next 14-days!