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Manitoba Canola Growers Pass Resolution Advocating For Export Sales Reporting Program

One resolution was passed Thursday during the virtual Annual General Meeting for the Manitoba Canola Growers Association (MCGA). Below is a copy of the resolution:
 
Whereas grain markets function best when all parties have access to the same sales information.
 
Whereas there are currently gaps in the market knowledge for canola and other crops grown in Western Canada.
 
Whereas Canada currently does not have mandatory export sales data reporting like producers have access to in the USA and a significant portion of Canadian canola seed, oil and meal is exported.
 
Be it resolved that MCGA work with other commissions and organizations to advocate for the establishment of an Export Sales Reporting Program where all sales over the set minimum volume for canola seed, oil and meal, and other crops, must be reported daily to be compiled weekly and released in a timely fashion, to add valuable knowledge to aid producers in marketing of their production.
 
"Having a mandatory export sales reporting will give farmers more market information," said resolution mover Roh Krahn. "Better decisions are made by farmers when we have transparency in the markets. Passing this resolution gives strength in numbers and more widespread requests of government to make this mandatory reporting happen."
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Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.