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Federal Government Announces Financial Assistance for Ag Industry

Recently, the Canadian Federation of Agriculture called for 2.6 billion dollars in emergency aid for the farm sector.
 
This morning, the Prime Minister finally announced federal assistance for farmers and others in the agri-food sector to the tune of 252 million dollars.
 
"For cattle and hog producers we will launch a 125 million dollar national agri-recovery intiative.  Farms and processing plants are raising more animals than the system can process, into things like steak and bacon, because of COVID-19.  For many farmers, this crisis means they have to keep animals for longer periods of time and that can be expensive.  With this funding we're giving extra help to beef and pork producers so that they can adapt to this crisis," announced Prime Minister Justin Trudeau in his media availability today.
 
Part of that funding, about 70 million dollars, will be used to help packing plants adapt their facilities to better protect workers from COVID 19. As well, the PM announced the government will use 50 million dollars of the program to buy excess groceries to prevent them from being tossed away. The PM insisting this 252 million dollars is only an initial investment and if more is needed, it will be coming.
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Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.