Saskatchewan Crop Commodity Groups Hold AGM's

Jan 12, 2021

Normally farmers would be heading to Saskatoon for Crop Production and Crop Sphere activities, but this year everything is going virtual.

With the COVID restrictions commodity groups have opted to hold their AGM's online.

Spokesperson Dallas Carpenter says everything starts on Monday.

"We have the Canaryseed, Winter Cereals, Mustard, Forage Seed, Alfalfa Seed and Leaf Cutters AGM's going on that day. People can register for all of those, they can be either an observer or a voting member."

He notes Tuesday features Market Outlook presentations with Chuck Penner from LeftField Commodity Research and Marlene Boersch with Mercantile Consulting Venture.

Tuesdays AGM's include Canola, Wheat, Barley, Flax, Oats and Pulses.

Producers can still register at saskcrops.com

Click here to see more...

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!

Educating children about ag through books

New online meat marketplace available