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Annual Convention 2022 – Registration now open

As you know, the NSFGA 2022 Annual Convention on January 26 has morphed from an in-person to a hybrid to a fully virtual event over the space of a few weeks.  The Annual Convention Committee has worked hard to make this Convention a success and with the help of Jeff Wentzell (NSDA), it has become a reality.  We would therefore warmly welcome you to register for the 2022 Annual Convention as there are many excellent speakers and sessions that are relevant and practical so you won’t want to miss them.  Visit the event page to register for the Convention.  On the event page you can check out the agenda, speakers and sessions in the event.

Pesticide points will be awarded under NS Environment course T2058 and is worth 2.5 points (0.5 pts in Labelling and 2.0 pts in Pest Management). Points are awarded to specific sessions listed in the agenda and tuning-in is mandatory to qualify for points.

We really look forward to having you join us on January 26th.  If you have any problems with the registration, please don’t hesitate to contact me and, with Jeff’s help, we’ll get it sorted out.

Source : NSFGA

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Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.