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New CCA president ready to tackle challenges ahead

Reg Schellenberg says he's honoured to take on the role as he moves from the director's chair to the President's chair at the Canadian Cattlemen's Association (CCA) board table.

Schellenberg was acclaimed at the Canadian Cattlemen's Association AGM in Ottawa.

He was first elected to represent Saskatchewan on the board in 2010 and takes on the role of President after he served as CCA’s Vice President, and director, zone chairman, and member of the Executive for the Saskatchewan Stock Growers Association (SSGA).

First elected as a director to the CCA in 2010, Schellenberg served as co-chair of the Foreign Trade Committee from 2020 to 2022, and co-chaired the Animal Health and Care Committee with Pat Hayes from 2016 to 2020. He also represents CCA on the Canadian Cattle Identification Agency (CCIA).

Prior to the creation of the Animal Health and Care Committee, Schellenberg chaired the Animal Care Committee.

He now takes on the role of President from Bob Lowe, who remains on the board as Past President and chair of the Public and Stakeholder Engagement Program.

Schellenberg says there are a number of key issues to tackle, from creating a Foot and Mouth vaccine bank, to increasing market access for Canadian beef and maintaining traceability programs for the containment and eradication of animal disease.

He says another priority for the group is enhancing the current suite of business risk management programs.

"Although, we really appreciate and support the livestock price insurance program. We realize the biggest inequity is the fact that the premiums are not cost shared. That'll be our big focus to get LPIP as a cost shared premium just like all other insurance."

Another issue the CCA is taking an active role on is climate change.

"Canadian Cattlemen are definitely wanting to be right up front and promoting the fact that ranchers and cattle producers across this country are maintaining and utilizing stewardship practices that are enhancing the ecosystem . Definitely, cattle are the solution, not the problem, and that's the key message that we want to emphasize with the federal government."

He notes while in Ottawa for the AGM they took the opportunity to meet with government officials and MP's.

Schellenberg says as he moves into the role of CCA President, he'll follow the most important advice that he received when he was first elected to represent Saskatchewan on the CCA Board - Remember your roots and the people you represent.

Schellenberg ranches with his wife Shannon, his son Coy and his daughter-in-law Lauralie in Beechy, Saskatchewan.

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Agricultural Market Update: Grain Prices, Crop Conditions, and Weather Impacts

Welcome back to our channel where we provide comprehensive updates on the latest trends and changes in the agricultural sector. This week, we're looking at significant movements in grain prices, crop conditions, and the effects of weather patterns. Let's dive into the details:

Grain Price Decline Grain prices have fallen to their lowest levels since 2020, with December corn down 4.3% and November soybeans losing 3.1%. This decline is partly due to the beneficial moisture brought by Hurricane Beryl to the Midwest, which has improved crop conditions significantly. The USDA reported that corn and soybean crops are in their best condition in four years, contributing to the downward pressure on prices.

Record Short Positions and Market Sentiment Fund traders have increased their net short positions in the corn market to a record level, with a net short of 347,000 contracts of corn. This reflects a bearish sentiment in the market, further influencing grain price dynamics. Similar selling trends were observed in soybeans and SRW wheat, indicating broad market caution.

Weather Impact and Forecast Hurricane Beryl has brought significant rainfall across Arkansas, Missouri, western Tennessee, western Kentucky, and southern Illinois, with more expected over Missouri, Illinois, and Indiana in the coming days. Despite this, the market is currently more focused on the moisture benefits rather than potential heat risks forecasted in the 6-10 and 8-14 day periods.

US Crop Conditions Corn and soybean conditions have shown slight improvements last week, with corn rated 68% good to excellent and soybeans at 68%. These are among the best ratings for this time of year since 2020, suggesting robust crop health that could continue to influence grain prices.

Winter Wheat Harvest and Spring Wheat Conditions The US winter wheat harvest is progressing well, ahead of schedule with significant portions already harvested in Kansas and Texas. Spring wheat conditions are also favorable, with 75% rated good to excellent, although there have been some declines in states like Idaho, South Dakota, and Washington. Brazil's Corn Harvest and US Exports Brazil's second corn crop harvest is advancing rapidly due to favorable hot and dry conditions, with 63% of the crop already harvested. Meanwhile, US corn shipments saw a substantial increase last week, indicating strong export demand, which contrasts with the recent drop in domestic grain prices.

Ongoing Developments Lastly, the USDA reported a flash sale of corn, with significant quantities sold to unknown destinations, scheduled for delivery over the next two marketing years. This could signal ongoing international demand for US corn despite lower prices.

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