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Trudeau Visits Prairies To Show Support For Farmers

 
Prime Minister Justin Trudeau and Agriculture Minister Lawrence MacAulay were in Gray, Saskatchewan Thursday.
 
The two visited an area farm and met with producers and farm leaders to discuss key issues in the ag sector.
 
Daryl Fransoo, a Director with the Western Canadian Wheat Growers Association was part of the Young Farm Leaders group.
 
Fransoo says the Wheat Growers want to see the Trudeau government make trade and NAFTA their top priority.
 
"He brought that up, basically saying the ball is in the court of the United States. We'd have a huge problem as western growers if that border shut down to our crops. We need to make sure that the Canadian government maintains that access to our products. That's probably top priority right now...I hope the government really fights for us."
 
Source : Portageonline

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Did Bears Win Thanksgiving, Will Bulls Get Christmas?

Video: Did Bears Win Thanksgiving, Will Bulls Get Christmas?


Did the bears win Thanksgiving (although this week had green on the screen), and will the bulls get Christmas? Bears won thanksgiving thanks to a USDA Nov crop report dud that stalled the bullish grain momentum for a brief period. But a bullish lower yield surprise in the Dec crop report could reignite the rally.
2026 U.S. winter wheat planting is nearly complete at 97% while crop conditions improved by 3 points to 48% good-to-excellent. US corn & soybean harvest is complete.
High corn demand, which is off the chart, and more Chinese soybean demand could support a Christmas rally.
Nasdaq had it’s worst November since 2011.
A U.S. Fed rate cut in December will help fund flow and sentiment.
Bitcoin held a long-term support at 80,000 and that's positive for fund flow and sentiment. It should help stock prices and Ag as we go into December.
Fertilizer prices continue to climb as we look ahead to 2026. Farmers may rely more on the nutrients that they already have in their soils.
South American Weather remains critical as the soybean reproductive stage starts from late Nov to late Feb depending on planting date.
Will a Russia-Ukraine peace deal happen by year-end?
CFTC data as of showed more managed money fund sell-off as of October 14th.