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Lennon chosen as new OFA General Manager

The Ontario Federation of Agriculture (OFA) is excited to announce that Cathy Lennon has been hired as its new general manager. Cathy will take over the reins as general manager of OFA, following the retirement of Neil Currie on August 30, 2019. A long-time agricultural leader and advocate for the sector, Lennon brings more than 20 years of experience to lead Ontario’s largest general farm organization.
 
A Perth County native, Cathy’s agricultural career began with the Agricultural Adaptation Council. She served as general manager of Ontario Sheep Farmers, leading the organization through upheaval and trade disputes related to the BSE crisis. She was a program manager with Agricorp, and senior lender with Farm Credit Canada working across all agricultural sectors and commodities. Most recently, Cathy was general manager of the Ontario Processing Vegetable Growers.
 
“It’s an exciting new era for OFA as we welcome Cathy into the organization,” says Keith Currie, OFA president. “Agriculture has big opportunities and no end of challenges, and Cathy’s experience in so many facets of the agricultural sector will be a tremendous asset for the entire OFA organization.”
 
Cathy graduated from the University of Waterloo with a BA in political science, and is a Class 9 Advanced Agricultural Leadership Program (AALP) grad. Over the last two decades, her professional career has centred around working for farmers to make a positive difference in their lives and their farm businesses. Cathy and her daughter live in Rockwood, Ontario.
 
“OFA is grateful to the long-term leadership of retiring general manager Neil Currie,” says Currie. “He had led our organization through 19 years with significant changes and challenges, and he leaves OFA with a strong team in place for Cathy to step into.”
 
The Ontario Federation of Agriculture (OFA) is the largest general farm organization in Ontario, representing 38,000 farm families across the province. As a dynamic farmer-led organization based in Guelph, the OFA works to represent and champion the interests of Ontario farmers through government relations, farm policy recommendations, research, lobby efforts, community representation, media relations and more. OFA is the leading advocate for Ontario’s farmers and is Ontario’s voice of the farmer.
Source : OFA

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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.