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Western Cdn. farmers look to 2019

Western Cdn. farmers look to 2019

Producers want holiday time and government action

By Diego Flammini
Staff Writer
Farms.com

As 2018 enters its final hours, Farms.com reached out to members of Western Canada’s ag community to find out if they’ve made any resolutions for 2019.

For Denis Guindon, a canola producer from Falher, Alta., making time for a holiday could be a priority.

“We’re in the process of planning a (family) vacation for some time in 2019,” he told Farms.com. “It would be nice if those plans could come to fruition and we can take some time to get away.”

Lee Moats, a cash crop grower from Riceton, Sask., is also planning a family holiday.

“We are hoping to go to Italy,” he told Farms.com. “We’ve been there a few times before. It’s a wonderful place and we look forward to going back.”

From a legislative standpoint, Moats wants to see the feds move ahead with plans to support the ag industry.

“I sat on the Economic Strategy Table for agriculture and agri-food,” he said. “I’d like our federal government to put implementation plans into the budget to help bring our recommendations to life.”

Members of the Economic Strategy Table put forward targets of increasing domestic ag sales to $140 billion by 2025 and increasing ag exports to $85 billion by 2025.

Other farmers are hoping 2019 will bring needed good weather for strong crop and hay yields.

Manitoba producers experienced dry conditions during 2018. Timely rains and snow would be beneficial for her cattle, said Dianne Ridling, a beef producer from Lake Francis, Man.

“If you talk to anyone in our region, they’d like to see a lot more snow and moisture,” she told Farms.com. “We need the moisture so our dugouts fill up and so we can have grass and hay next year.”


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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!