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New Executive For Wheat Growers

The Alberta Wheat Commission (AWC) has a new executive after the wrap-up of its Annual General Meeting (AGM) during FarmTech in Edmonton.
 
Todd Hames takes over as the new Chair, and Hannah Konschuh continues in her role as Vice-Chair.
 
"I am honoured that my colleagues have placed their confidence in me to lead AWC’s board," said Hames. "We have seen a particularly challenging year with the difficult harvest, low prices and market uncertainty. It’s during these times that I'm most proud to serve on AWC’s board so we can continue working toward a stronger and more profitable future for farmers."
 
Hames takes over for Gary Stanford, one of the commission's founding directors.
 
"I've really enjoyed my time on the board and particularly as Chair," said Stanford. "Looking back on when the commission first began, I’m extremely proud of what we've accomplished from building our research portfolio to a total of more than $16.5 million invested in projects since inception, to the political progress we've made on files like rail transportation reform, to the ground we've gained with our global customers. I have great confidence that with Todd Hames’ industry experience and leadership that I am leaving AWC in great hands."
 
The board has also added three new directors: Dave Bartlett (Fairview) and Greg Sears (Sexsmith), both representing Region 5, and Dean Hubbard (Claresholm), representing Region 1. Dean’s position is subject to marketing council approval since he was nominated by the board to fill a vacant position following the Next Level Farming regional meetings in November.
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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!