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Alberta Canola Supporting Farmers for 35 Years Strong

Alberta Canola Supporting Farmers for 35 Years Strong

New Chair Elected at Alberta Canola AGM

Over the past 35 years, Alberta Canola has played a vital role in advancing the canola industry and supporting farmers across the province. The 35th Annual General Meeting of Alberta Canola was held on January 22, 2025, in Red Deer, Alberta, marking a significant milestone for the organization. O

“Alberta Canola looks forward to another 35 years of leadership in the canola industry, continually adapting to new opportunities and challenges alongside its farmers,” said outgoing chair Roger Chevraux.

Following the AGM, the Board of Directors elected Andre Harpe of Valhalla Centre as the new Chair, while Charles Simoneau of Guy was re-elected as Vice Chair.

Harpe expressed his gratitude for Roger’s leadership, saying, “Roger has been a steadfast leader of Alberta Canola, and his dedication has been crucial in guiding the organization through many important moments in our history. On behalf of the Board and all of our farmers, I thank Roger for his service and I’m excited to continue building on the strong foundation he helped establish.”

The organization also recognized Wayne Schneider for his six years of service representing Region 6. “We extend our heartfelt thanks to Wayne for his unwavering commitment. His insights and contributions have been invaluable, and he will be greatly missed,” said Chair Roger Chevraux.

The AGM reinforced Alberta Canola’s commitment to supporting farmers and advancing the canola industry, ensuring continued growth and success in the years to come.


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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.
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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!