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FUND LIQUIDATION PUSHES SOYBEANS SHARPLY LOWER

Soybeans were sharply lower on fund and technical selling. Harvest is moving forward and while there are minor delays and some yield concerns, it is early in the process. The USDA is already projecting a very tight supply, so any cuts to yield would have an impact on demand projections, with the next set of estimates out October 12th. Export demand has picked up a little steam, but the overall pace remains behind what’s needed to meet USDA projections. Last week’s big buyers were China and Japan. China’s General Administration of Customs says August soybean imports from Brazil were 9.09 million tons, a jump of 45% on the year and nearly all of the monthly total. Soybean meal and oil were lower, also seeing fund liquidation. Domestic crush margins remain bullish.

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Jim Smalley: The Voice That Defined Saskatchewan Agriculture Journalism | CKRM 100th Anniversary

Video: Jim Smalley: The Voice That Defined Saskatchewan Agriculture Journalism | CKRM 100th Anniversary

Our next 620 CKRM Icon is Jim Smalley. Jim reflects on his remarkable career, from his early days in Ontario and his first steps into news, to his move west and his lasting impact on Saskatchewan’s airwaves.

After joining CKRM in 1982, Jim spent more than four decades as one of the province’s most trusted and recognizable voices. Jim defined agricultural journalism — not just in Saskatchewan, but across Canada. His commitment to telling the stories of farmers, rural communities, and the people behind the headlines set the standard. Now retired from the newsroom that proudly bears his name, Jim shares memorable stories from his time on air. A broadcaster, a storyteller, and a true voice of Saskatchewan — Jim Smalley’s legacy continues to resonate at CKRM and beyond.