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Ag Candidates Maintain Seats

Justin Trudeau's Liberals will be moving forward with a minority government.
 
Liberal Agriculture Minister Marie-Claude Bibeau maintained her seat in Quebec, while Conservative Ag Critic Luc Berthold also kept his seat in that same province. NDP Ag Critic Alistair MacGregor also held onto his seat in BC.
 
Here in Manitoba, Keystone Agricultural Producers (KAP) released the following statement:
 
KAP extends our congratulations to Prime Minister Trudeau for winning the most seats across the country, and we want to congratulate the MP’s elected across our province, including former KAP President Dan Mazier.
 
Our hope is that under a minority government, all parties will focus more attention on the issues facing agriculture in Canada given the diversity of political voices that will be seated in the House of Commons. We look forward to meeting with the new MP’s and those who were re-elected, as well as the new Agriculture Minister in the weeks to come on the issues we raised over the course of this campaign.
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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.