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OFA to submit ideas for Ontario’s Long-Term Energy Plan

Organization says farmers need access to sustainable energy

By Diego Flammini
Assistant Editor, North American Content
Farms.com

The Ontario Federation of Agriculture is set to submit its ideas for the province’s Long-Term Energy Plan (LTEP).

The Ministry of Energy is looking for public input to help develop the plan, which will outline the government’s strategies for maintaining reliable, clean and affordable energy.

“Energy is a hot topic these days,” Pat Jilesen, OFA director, wrote on the organization’s website. “We depend on affordable energy to grow our farms, businesses, communities and the Ontario economy.”

Jilesen said the OFA’s official submission will focus on three key issues:

  • Rural Ontario’s need to access natural gas and renewable natural gas systems to reduce energy costs and help stimulate the rural economy.
  • The need for a combination of fuel solutions that address rural needs and climate change.
  • Rural Ontario’s need for effective smart metering and smart grid technology to manage energy generation, distribution and load use.

“For agriculture, and OFA’s 36,000 farm business members, energy represents a vital farm input,” Jilesen wrote. “OFA is asking the Ontario government for a strong rural focus in the next LTEP, balanced with reliability, conservation and community considerations that will benefit all Ontarians.”

The public can give their input about the next LTEP until December 17, 2016.


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Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.