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Fire burns Sask. equipment dealer

Fire burns Sask. equipment dealer

Damages to the John Deere dealership in Rosthern is estimated to be millions of dollars

By Diego Flammini
Staff Writer
Farms.com

A blaze at a central Saskatchewan farm equipment retailer caused an estimated $20 million in damages.

Rosthern, Sask. firefighters responded to reports of a fire at Cervus Equipment’s John Deere dealership around 10:00 a.m. on Sunday. Crews from five other departments assisted in extinguishing the fire by about 3:00 p.m.

The flames leapt higher than the two-storey building and onlookers heard explosions as the fire intensified, Sean Nichol, an eyewitness to the incident, told The Canadian Press yesterday.

Cervus management are appreciative of the quick response from emergency crews and witnesses. No one sustained any injuries during the incident.

“My sincere appreciation goes out to everyone who reported and responded to this incident,” Graham Drake, CEO of Cervus Equipment, said in a statement Sunday. “Our top priority is safety and right now we’re focused on ensuring the area is safe.”


Rosthern Fire and Rescue photo

The company is developing a plan to keep operations running while the building remains closed. Investigators are determining a cause for the fire.

The dealership employs about 30 people, who will temporarily work out of trailers or be relocated to Saskatoon and Prince Albert locations during this time.

“We’re making sure that our employees are taken care of and then of course our customers, ensuring they’re notified and aware we’re going to continue to service them (and) continue to carry on business as best we can,” Mark Samber, health and safety manager with Cervus, told CBC yesterday.

The outpouring of support for the business and first responders is representative of the small town, residents say.

“So many helping hands! That shows a good community. Thank you all!” Trudy Migneault posted on Rosthern Fire and Rescue’s Facebook page yesterday.

“It’s such a great and powerful thing to see communities pull together in tragic times of need,” Shannon Greene posted yesterday. “Thank you to everyone.”

Rosthern Fire and Rescue photo


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2025 USDA December Crop Report a “Dud” + Trump $12 Billion U.S. Farm Aid

Video: 2025 USDA December Crop Report a “Dud” + Trump $12 Billion U.S. Farm Aid


The USDA December crop report was friendly corn, neutral soybeans and bearish wheat. The USDA did surprise and increase the 25/26 U.S. corn export forecast to a new record high at 3.2 billion bushels now up 12% vs. last year vs. prior at +9% vs. the export pace to date up 30% the best in 10 years even higher than 20/21! The USDA left the 25/26 U.S. soybean export pace unchanged at 1.635 billion bushels. Higher global wheat supplies will remain a weight and headwind for wheat into year end and start of 2026.
Mexico is now the #1 buyer of U.S. corn, soybeans (usually China), wheat and pork!
USDA also released its long-term early projections but expect more changes by February of 2026.
Trump announces a $12 billion U.S. farmer aid package to be paid out by February 28, 2026. This helps no one but the ag banks, farm equipment companies, seed and fertilizer companies. It does prevent more farmer bushels from being sold near-term but is not bullish grain prices long-term. The Trump administration should focus on increasing U.S. domestic demand and propping up grain futures so farmers can cover their higher costs, up since COVID of 2020.
The China U.S. soybean purchase tracker now stands at 4.521 mmt or 38% of the 12 mmt promised by China at year end or is it end of February or the growing season? Why the discrepancy vs. the fact sheet. The optics are poor for the Trump administration.
After surging to contract highs U.S. natural gas futures plunged over 30+% in just 5-trading days!
Silver traded to new record highs as the debasement and de dollarization trade continued but technicals remain overbought near-term.
Soybean futures remained in correction mode after the funds went record long futures on Nov. 19 +233,000 contracts but the $10.80 support should hold into year end when the fund profit taking/liquidation comes to an end from the year end, end of month and end of quarter selling.
The U.S. Fed cut interest rates for the 3rd time by 25 basis points to a range of 3.50 – 3.75% and they will only cut one more time in 2026 and once in 20267/ but when Powell is gone next April the replacement is willing to cut more aggressively and we could see U.S. interest rates fall to 2.0% very bullish for ag and stocks as it could reignite inflation into 2027.
After 2 months of being drier than normal in Brazil the rains have finally arrived for the 1st half of December, and a record crop is still in the cards but if this pattern continues and verifies it could start to delay the harvest. Argentina after being too wet has turned dry but they are too small, compared top Brazil in the grand picture.
The Canadian dollar surged to $0.73 after better-than-expected employment data with 180,000 new jobs in the past 3-months and 3rd quarter GDP at +2.6% but this could be short-lived.
The latest CFTC report as of 11-19-2025 reported a record long fund position in soybeans at +233,000 contracts when 2026 March soybean futures peaked on 11-19-25 at $11.724/bu.