Farms.com Home   News

Grain Transportation, Flooding Hot Topics At KAP Meeting

Those at Keystone Agricultural Producers (KAP) have their work cut our for them, following their fall general meeting held Thursday at the PCU Centre in Portage la Prairie. President Doug Chorney says after the meeting, the message from members was loud and clear.
 
"There were almost a million acres that had gone unseeded, 600,000 acres flooded out, and there were a lot of quality issues in the crop that we did produce. Producers are concerned not just with crop insurance issues, but also the business management tools that include Agristability. Those programs are likely not going to be giving the same level of support to farmers that they did under Growing Forward 1."
 
Despite the many concerns discussed during the meeting, Chorney says he's pleased with how the day went.
 
"I think it was a good meeting. We had an excellent turnout and farmers are clearly bringing forward all the issues that are top of mind at this time. We're going to work hard as an organization to deliver results for them."
 
One issue that was commonly brought up by those in attendance was the challenge of shipping grain on the railway. Many expressed frustration with the delays, sometimes lasting for weeks or even months. Chorney describes the situation as unfair.
 
"The railways know that they can come and get our grain next month or the month after that and it's still going to be waiting from them, whereas other time sensitive freight may not be. They make decisions on that basis that we believe discriminates against agriculture and we know that agriculture's critical to the economy of our country, not just Manitoba. We need to have good, reliable and consistent rail service."
 

Trending Video

Did Bears Win Thanksgiving, Will Bulls Get Christmas?

Video: Did Bears Win Thanksgiving, Will Bulls Get Christmas?


Did the bears win Thanksgiving (although this week had green on the screen), and will the bulls get Christmas? Bears won thanksgiving thanks to a USDA Nov crop report dud that stalled the bullish grain momentum for a brief period. But a bullish lower yield surprise in the Dec crop report could reignite the rally.
2026 U.S. winter wheat planting is nearly complete at 97% while crop conditions improved by 3 points to 48% good-to-excellent. US corn & soybean harvest is complete.
High corn demand, which is off the chart, and more Chinese soybean demand could support a Christmas rally.
Nasdaq had it’s worst November since 2011.
A U.S. Fed rate cut in December will help fund flow and sentiment.
Bitcoin held a long-term support at 80,000 and that's positive for fund flow and sentiment. It should help stock prices and Ag as we go into December.
Fertilizer prices continue to climb as we look ahead to 2026. Farmers may rely more on the nutrients that they already have in their soils.
South American Weather remains critical as the soybean reproductive stage starts from late Nov to late Feb depending on planting date.
Will a Russia-Ukraine peace deal happen by year-end?
CFTC data as of showed more managed money fund sell-off as of October 14th.