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Statement by the Honourable Marie-Claude Bibeau on potato wart in Prince Edward Island

In October of this year, the Canadian Food Inspection Agency (CFIA) confirmed the presence of potato wart in two fields on Prince Edward Island (PEI). CFIA immediately initiated an investigation and implemented strict regulatory measures to prevent potential spread.

As of today, I have signed a Ministerial Order to restrict the movement of seed potatoes from PEI, and to introduce new risk mitigation measures for PEI table stock and processing potatoes to ensure that potato wart does not spread to other parts of the country. The Ministerial Order will allow time for CFIA to continue to collaborate with the provincial government and potato industry to explore solutions based on scientific evidence. This Order is a responsible science-based approach that will provide the protection our industry needs domestically.

Despite these plant health controls put in place by Canada, the United States also expressed serious concerns to Canada over the recent detections of potato wart in Prince Edward Island, and made it clear the U.S. also planned to impose a federal order banning imports of all fresh PEI potatoes if Canada did not act first to suspend trade.

We believe in the science, which tells us that the U.S. intention to suspend the trade of fresh potatoes from PEI goes beyond what is necessary to mitigate risk. With the proper mitigation measures, the trade of table stock and processing potatoes remains absolutely safe.

But in order to resume trade as quickly as possible and prevent the imposition of more damaging, long-term measures, we must engage with the United States' concerns. Therefore, as of November 21, 2021, the CFIA has temporarily suspended trade of fresh potatoes from PEI to the U.S. We do not take this measure lightly.

We are determined to stand firm for Canadian interests and committed to supporting potato growers and Prince Edward Island. I have raised the issue twice with my counterpart, Agriculture Secretary Tom Vilsack, and we will explore every channel possible to give this issue the attention it deserves within the United States Government. Canada and the United States have a long history of engaging in bilateral trade based on science, and maintaining strong supply chains is more important than ever for both our countries.

While efforts to resume full access for PEI fresh potatoes are underway, we are working on a plan to support potato growers impacted by this temporary market suspension. That includes cost-shared Business Risk Management programs and collaborative efforts to determine how to reroute existing stock in storage in PEI. We will also work with the Province of PEI to determine what additional supports may be required to support impacted producers.

We will continue to engage with industry to understand their needs and concerns, and have created a Potato Working Group with provincial and industry stakeholders.

PEI has a long history of producing the highest quality potatoes for Canadians and international consumers. The Government of Canada shares the great pride of our PEI potato producers.

PEI potato growers can be assured that the Government of Canada is doing everything we can to restore market access to the U.S. for this vital industry.

Source : canada

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2025 USDA December Crop Report a “Dud” + Trump $12 Billion U.S. Farm Aid

Video: 2025 USDA December Crop Report a “Dud” + Trump $12 Billion U.S. Farm Aid


The USDA December crop report was friendly corn, neutral soybeans and bearish wheat. The USDA did surprise and increase the 25/26 U.S. corn export forecast to a new record high at 3.2 billion bushels now up 12% vs. last year vs. prior at +9% vs. the export pace to date up 30% the best in 10 years even higher than 20/21! The USDA left the 25/26 U.S. soybean export pace unchanged at 1.635 billion bushels. Higher global wheat supplies will remain a weight and headwind for wheat into year end and start of 2026.
Mexico is now the #1 buyer of U.S. corn, soybeans (usually China), wheat and pork!
USDA also released its long-term early projections but expect more changes by February of 2026.
Trump announces a $12 billion U.S. farmer aid package to be paid out by February 28, 2026. This helps no one but the ag banks, farm equipment companies, seed and fertilizer companies. It does prevent more farmer bushels from being sold near-term but is not bullish grain prices long-term. The Trump administration should focus on increasing U.S. domestic demand and propping up grain futures so farmers can cover their higher costs, up since COVID of 2020.
The China U.S. soybean purchase tracker now stands at 4.521 mmt or 38% of the 12 mmt promised by China at year end or is it end of February or the growing season? Why the discrepancy vs. the fact sheet. The optics are poor for the Trump administration.
After surging to contract highs U.S. natural gas futures plunged over 30+% in just 5-trading days!
Silver traded to new record highs as the debasement and de dollarization trade continued but technicals remain overbought near-term.
Soybean futures remained in correction mode after the funds went record long futures on Nov. 19 +233,000 contracts but the $10.80 support should hold into year end when the fund profit taking/liquidation comes to an end from the year end, end of month and end of quarter selling.
The U.S. Fed cut interest rates for the 3rd time by 25 basis points to a range of 3.50 – 3.75% and they will only cut one more time in 2026 and once in 20267/ but when Powell is gone next April the replacement is willing to cut more aggressively and we could see U.S. interest rates fall to 2.0% very bullish for ag and stocks as it could reignite inflation into 2027.
After 2 months of being drier than normal in Brazil the rains have finally arrived for the 1st half of December, and a record crop is still in the cards but if this pattern continues and verifies it could start to delay the harvest. Argentina after being too wet has turned dry but they are too small, compared top Brazil in the grand picture.
The Canadian dollar surged to $0.73 after better-than-expected employment data with 180,000 new jobs in the past 3-months and 3rd quarter GDP at +2.6% but this could be short-lived.
The latest CFTC report as of 11-19-2025 reported a record long fund position in soybeans at +233,000 contracts when 2026 March soybean futures peaked on 11-19-25 at $11.724/bu.