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Harvest Concluding For Canadian Foodgrains Bank

Harvest is coming to a close for the Canadian Foodgrains Bank.

Regional Rep Gordon Janzen says they had just under 40 grow projects this year.

"There was a real variation in yield across the province and I think we've seen that across the agriculture sector," he commented. "Depending on rainfall, which was very spotty throughout the growing season, the yields varied a lot. There were some projects, that they had good yields, close to average and maybe even better but many more of them were below average and some had a poor yield."

Janzen says higher prices for many of the crops will help to offset the lower yields.

Crops grown this year included wheat, canola, soybeans, corn and sunflowers.

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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

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Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.