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G3 Expanding Grain Terminal Network Across The Prairies

G3 is adding to its State-of-the-art grain terminals across the Prairies. 
 
They recently opened two new elevators in Alberta, G3Morinville and G3 Carmangay.
 
Both facilities have a licensed capacity of 42,600 Tonnes with a rail car spot for a 150 car train.
 
The facilities are able to unload trucks in minutes while the loop track allows them to quickly load trains for shipment to G3's Vancouver Terminal - a next generation grain export terminal opening this summer.
 
Four more G3 elevators are under construction in Alberta, with the Wetaskiwin and Stettler County locations set to open later this summer, Vermillion and Irricana are scheduled for 2021.
 
The G3 facility at Swift Current is also set to open in 2021 and will have a capacity of 42,000 tonnes. 
 
G3 CEO Don Chapman says these state-of-the-art facilities are transforming the way grain moves across Canada.
 
"Our loop-to-loop system connects Prairie to port in a way that ensures high-quality Canadian grain gets to market on time, which ultimately benefits Canadian farmers."
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Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”

Video: Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”


After a week of a U.S./China trade truce, markets/trade is skeptical that we have not seen a signed agreement nor heard much from China or seen any details. There are rumors that China is buying soybean futures & not the physical. Trust in Trump?
12 MMT of U.S. soybean purchases by China by year-end is better than 0 but we all need to give it more time and give it a chance to unfold. China did lower the tariffs on Ag and is buying U.S. wheat and sorghum.
U.S. supreme court could rule against Trumps tariffs, but the Trump administration does have a plan B.
U.S. government shutdown is now the longest in history at 38 days.
But despite a U.S. government shutdown we will be getting a USDA November crop report next Friday and it could be “game changing.” If the USDA provides a bullish surprise with lower U.S. corn and soybean yields and ending stocks that are lower than expected both corn and soybean futures will break out above their ceilings at $4.35/bu and $11.35/bu respectively.
The funds continued their selling in live and feeder cattle futures on continued fears that the Trump administration want to lower U.S. beef prices. The fundamentals have not changed, only market psychology has.
Stocks markets continue to worry about a weak U.S. job market, but you can blame ChatGPT for that. In the future, we will have a more efficient, productive and growing economy with a higher unemployment rate until we have more skilled AI workers.
After 34 new record highs in the S & P 500 and 124 new records in the NASDAQ in 2025 we are back to a correction and investor profit taking as AI valuations may have gotten too stretched near-term ahead of NVDA’s 3rd quarter earnings announcement on Nov. 19th. But this is not an AI bubble.
75% of Tesla shareholders approved a $1 trillion pay package for Elon Musk!
It has rained in South America in the last 7 days, but both the American and European models agree that Central Brazil remains dry in the next 14-days!