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Former 4-H Canada President Rob Black named Senator

Ottawa, ON– The Right Honourable Justin Trudeau, Prime Minister of Canada announced yesterday that Governor General Julie Payette appointed Robert Black, 4-H alumnus and former 4-H Canada president, board member, and staff member at the national level, to a seat in the Senate of Canada.

Black, who was named alongside Martha Deacon, is a longtime supporter and advocate for youth and is especially passionate about Canadian agriculture. With over 40 years contributing to the 4-H movement in Canada, Black understands the power of 4-H in building leaders and has spent his entire career as a leader in the Ontario agricultural community supporting 4-H’s positive youth development mission.

“Rob Black has always been an enthusiastic supporter of youth and agriculture throughout his career,” said David Hovell, Chair of the 4-H Canada Board of Directors. “4-H Canada is proud to have a champion for those causes in the Senate and looks forward to working alongside him as we advance the development of youth leaders committed to positively impacting their communities across Canada.”

“I am delighted to welcome these accomplished Ontarians to the Senate. I am confident that Parliament will benefit from Ms. Deacon and Mr. Black’s knowledge and experience, and that they will be great ambassadors for their region and communities,” said, Rt. Hon. Justin Trudeau, Prime Minister of Canada.

Source : 4-H Canada Press Release

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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.