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Federal Government Wants Answer On AgriStability Proposal

It has been just over 110 days since the federal government made the offer to the provinces to improve AgriStability and are now asking for a clear indication from the three Prairie provinces whether they will sign on or not.
 
On November 27, 2020, the federal government proposed to eliminate the reference margin limit and boost the compensation rate to 80%.
 
At the request of Prairie Ministers, the federal government says it will convene a further federal-provincial-territorial meeting, asking the provincial ministers to bring an answer to the meeting.
 
The deadline to enroll in AgriStability this coming year is April 30, 2021.
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2026/27 South American Early Soybean Planting Pace a Record + A Repeat of 1998 in Hogs?

Video: 2026/27 South American Early Soybean Planting Pace a Record + A Repeat of 1998 in Hogs?


Despite a Super Strong El Nino the early South American soybean planting pace is ahead of schedule.
The long-term forecast looks dry for the North but wet for the South including Argentina.
China bought 1.5 mmt of U.S. soybeans this week with rumors of 2 mmt and now at 68% of 25 mmt commitment.
The question mark remains the Chinese pledge towards the $17 billion in ag purchases.
NOPA weekly crush report was lower than expected. Another hot U.S. wholesale inflation print this week.
Investors rotating out of AI
Weak U.S. pork demand weighing on hogs
+ CFTC.