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Premier Wynne: agriculture is ‘fundamental to who we are as Ontarians’

Premier Wynne: agriculture is ‘fundamental to who we are as Ontarians’

Wynne fielded questions on many of her government’s policies

By Diego Flammini
News Reporter
Farms.com

Premier Kathleen Wynne praised Ontario’s agricultural history during the International Plowing Match and Rural Expo (IPM).

 “Agriculture is fundamental to who we are as Ontarians,” she told reporters yesterday. “Part of the culture of this province and part of the way this province was built was by the agricultural community. And many of us can trace our roots a couple of generations back to a farm.”

During the media scrum, Wynne fielded questions about some of the policies her government is planning to implement in the future, including the increased minimum wage.

But that particular piece of legislation seems non-negotiable, according to the Premier.

“We know how abundant this province is and when we’ve got people working full time who have to go to the food bank, that’s not good enough,” she said. “So we’re going to move ahead (and) we’re going to increase the minimum wage.”

Wynne noted the agricultural community could face some challenges as a result of the minimum wage increase. Ontario Minister of Agriculture Jeff Leal will work with farmers and small businesses to come up with support systems during the transition, she said.

The IPM continues until Sept. 23.


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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.