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USDA WASDE Report: Neutral to Bearish Long Term.

The USDA released their important May 9 World Agriculture Supply And Demand Estimates report today.

Moe Agostino, Senior Commodity Marketing Strategist for Farms.com Risk Management will provide his analysis on this report later on today.

Here are some thoughts and observations:

 Corn - Slightly bullish old crop and bearish new crop with higher yields projected.

 Soybeans - Neutral as projections close to market expectations.

Wheat - Bearish with lower yield prospects supporting prices in fall.

More to come later as we review the numbers.

The full report can be found on the following link.

http://www.usda.gov/oce/commodity/wasde/latest.pdf

Full coverage of these USDA reports will follow.

 


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Canada’s regulatory landscape on single-use plastics is complex but a recent ruling by the Federal Court of Appeal sided with the government’s intent to eliminate single-use plastics. What does this mean for the Canadian agri-food industry? How can companies find the right balance between regulatory compliance and implementing costly alternative solutions? What are retailers and consumers saying about sustainable packaging? This webinar features Joshua Goodman, Head of Corporate Sustainability, Sobeys; Marie-Anne Champoux-Guimond, Director of Sustainability, Keurig Dr Pepper Canada and Glenford Jameson, Canadian Food Lawyer, G.S. Jameson and Company

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