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New CAN Security Code of Practice Offers Unified Best Practices for Retailers, Handlers

Members of Fertilizer Canada continue to demonstrate their commitment to the safe and secure handling and storage of products through the development of the new Calcium Ammonium Nitrate (CAN) Security Code of Practice. This Code joins the Anhydrous Ammonia and Ammonium Nitrate Codes of Practice, which set mandatory compliance for members.
 
Retailers and distributors of Calcium Ammonium Nitrate have an opportunity to demonstrate their own commitment to product security by getting certified under the CAN Security Code in 2019.
 
Fertilizer Canada developed this new Code to ensure the secure handling, transportation, storage and sale of CAN in Canada. Compliance is mandatory for members of Fertilizer Canada, but the Code offers guidance on standardized best practices for any entity that deals with the product. Verified by third-party audits, Fertilizer Canada’s Codes of Practice create industry-led solutions to product safety and security and demonstrates the industry’s commitment to stringent standards.
 
Created as a proactive response to anticipated regulatory requirements following a review of the Explosives Regulations (formerly the Restricted Components Regulations) by the federal government, the Code was developed by fertilizer manufacturers, distributors and agri-retailers with input from relevant government agencies.
 
Implementation of the CAN Security Code of Practice began January 1, 2019, with a certification deadline of December 31, 2019. Interested sites should aim to be audited by September in order to get certified by the deadline.
 
The CAN Security Code of Practice is supported by educational resources, such as Fertilizer Canada’s CAN Security eLearning course, which provides the necessary tools and knowledge for the safe and secure storage and handling of CAN.
Source : fertilizercanada

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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.