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KAP President Comments On AgriStability Proposal

In an effort to improve AgriStability, the federal government is proposing to increase the compensation rate from 70% to 80% and remove the reference margin limit.
 
We got reaction from Keystone Agricultural Producers (KAP) President Bill Campbell.
 
"Since it's been introduced, it's long been on one of the points that has really inhibited the ability for AgriStability to work," he said. "It's one of those features of the program that has really hampered producers when they get to do their paperwork and find out that this reference margin limit is really the sticking point on a lot of producers' ability to make the program help stabilize their farm."
 
The provinces will now review the proposal that was unveiled last week after the FPT ag ministers meetings.
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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.