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Busy Weeks Ahead For Ag Minister Pedersen

Manitoba Agriculture & Resource Development Minister Blaine Pedersen was busy meeting with farmers last week at St. Jean Farm Days.
 
He talked about the mood heading into the 2020 growing season.
 
"You could describe it as cautious optimism," he said. "I know there was lots of issues getting the crop off, grain drying. We're lobbying the federal government about the cost of fuel for grain drying. The carbon tax being charged on that and I'm working with the federal MP's to get some numbers together to show just how big an impact that really did have."
 
Pedersen says he'll be travelling throughout the province over the next few weeks attending various farm meetings and events.
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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

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Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.