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Origin Of Canadian Foodgrains Back Goes Back 40 Years

 
 
It's been forty years since farmers in Manitoba were part of a movement in western Canada to help people who were hungry in the developing world.
 
In 1976 the call was issued by Mennonite Central Committee for its newly-created MCC Food Bank. Farmers in Manitoba and Saskatchewan came through, donating 1,442 tonnes of grain. In 1977-78, MCC sent the first shipment of grain from the Food Bank to India.
 
Seven years later, MCC invited other church-related agencies to join and the Canadian Foodgrains Bank was created. Today it's a partnership of 15 churches and church agencies.
 
Bert Kornelsen was involved in some of the first grain collected in the Rosenort/Lowe Farm area.
 
He says the response in the area has always been positive.
 
"Over the years I would say we have had just excellent response from other people. I've been involved for many years with growing projects. We've had farmers donating pieces of land and donating services and time and equipment to do the work, as well as cash donations."
 
Source : Portageonline

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Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”

Video: Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”


After a week of a U.S./China trade truce, markets/trade is skeptical that we have not seen a signed agreement nor heard much from China or seen any details. There are rumors that China is buying soybean futures & not the physical. Trust in Trump?
12 MMT of U.S. soybean purchases by China by year-end is better than 0 but we all need to give it more time and give it a chance to unfold. China did lower the tariffs on Ag and is buying U.S. wheat and sorghum.
U.S. supreme court could rule against Trumps tariffs, but the Trump administration does have a plan B.
U.S. government shutdown is now the longest in history at 38 days.
But despite a U.S. government shutdown we will be getting a USDA November crop report next Friday and it could be “game changing.” If the USDA provides a bullish surprise with lower U.S. corn and soybean yields and ending stocks that are lower than expected both corn and soybean futures will break out above their ceilings at $4.35/bu and $11.35/bu respectively.
The funds continued their selling in live and feeder cattle futures on continued fears that the Trump administration want to lower U.S. beef prices. The fundamentals have not changed, only market psychology has.
Stocks markets continue to worry about a weak U.S. job market, but you can blame ChatGPT for that. In the future, we will have a more efficient, productive and growing economy with a higher unemployment rate until we have more skilled AI workers.
After 34 new record highs in the S & P 500 and 124 new records in the NASDAQ in 2025 we are back to a correction and investor profit taking as AI valuations may have gotten too stretched near-term ahead of NVDA’s 3rd quarter earnings announcement on Nov. 19th. But this is not an AI bubble.
75% of Tesla shareholders approved a $1 trillion pay package for Elon Musk!
It has rained in South America in the last 7 days, but both the American and European models agree that Central Brazil remains dry in the next 14-days!