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Minister Bibeau announces reappointment to the Canadian Dairy Commission

Ottawa, Ontario – The Minister of Agriculture and Agri-Food, the Honourable Marie-Claude Bibeau, announced the reappointment of Serge Riendeau as Chief Executive Officer of the Canadian Dairy Commission (CDC) for a one year-term, effective May 14, 2021.
 
Mr. Riendeau was first appointed as CEO of the CDC in 2018. During his tenure, he has made significant contributions to the sector, including supporting the negotiations for the new Canada-United States-Mexico Agreement and chairing the Canadian Milk Supply Management Committee. Prior to his appointment, he operated a dairy farm for over 40 years and served 26 years on the Board of Directors at Agropur, Canada’s largest dairy processor, including 15 years as president. Mr. Riendeau is also an active supporter of charities for children facing bullying and violence.
 
With Mr. Riendeau’s term ending in May 2022, the Government of Canada is launching appointment processes for a new full-time CEO and a part-time chairperson at the CDC. Please visit the Governor in Council appointments webpage to learn more and to apply to these opportunities.
Source : Government of Canada

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Despite a Super Strong El Nino the early South American soybean planting pace is ahead of schedule.
The long-term forecast looks dry for the North but wet for the South including Argentina.
China bought 1.5 mmt of U.S. soybeans this week with rumors of 2 mmt and now at 68% of 25 mmt commitment.
The question mark remains the Chinese pledge towards the $17 billion in ag purchases.
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+ CFTC.