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Second Harvest names Graham Hill Vice President of Strategic Affairs

TORONTO, Second Harvest has announced a new addition to the organization's executive leadership team.

Graham Hill joins Second Harvest as Vice President of Strategic Affairs, following a long career in the Canadian charitable sector. Most recently, Graham was Executive Director at Food For Life Canada, a food rescue organization in Halton and Hamilton, Ontario.

During Graham's tenure as Executive Director, Food For Life saw outstanding growth in terms of its revenue, organization size, fleet size, branding, volume of food rescued and impact.

As Vice President of Strategic Affairs at Second Harvest, Graham will identify opportunities and lead initiatives that prioritize sustainability and growth strategy. Driving innovation across the organization, Graham will explore emerging solutions, evaluate business initiatives, identify development opportunities and expand social enterprise operations to build revenue streams at Second Harvest. He will also work to foster new partnerships for Second Harvest and accelerate brand awareness.

"We are delighted to announce this addition to our leadership team at Second Harvest and know that the perspective and expertise Graham brings will provide immediate benefit to our strategic growth as an organization," Lori Nikkel, CEO of Second Harvest said. "Graham's well-established talents for innovation and business development are a perfect fit and we can't wait to hit the ground running!"

Prior to Food For Life Canada, Graham worked for several years as Manager, Annual Campaign and Strategic Initiatives at Food Banks Canada, focusing on national fundraising campaigns, corporate and cause partnerships, and technology. He has also held notable positions at Cystic Fibrosis Canada, Kensington Health Centre/Foundation, Trillium Health Centre Foundation, West Park Healthcare Foundation, The Dorothy Ley Hospice, and Canadian Cancer Society.

Source : Newswire.ca

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Agricultural Market Update: Grain Prices, Crop Conditions, and Weather Impacts

Welcome back to our channel where we provide comprehensive updates on the latest trends and changes in the agricultural sector. This week, we're looking at significant movements in grain prices, crop conditions, and the effects of weather patterns. Let's dive into the details:

Grain Price Decline Grain prices have fallen to their lowest levels since 2020, with December corn down 4.3% and November soybeans losing 3.1%. This decline is partly due to the beneficial moisture brought by Hurricane Beryl to the Midwest, which has improved crop conditions significantly. The USDA reported that corn and soybean crops are in their best condition in four years, contributing to the downward pressure on prices.

Record Short Positions and Market Sentiment Fund traders have increased their net short positions in the corn market to a record level, with a net short of 347,000 contracts of corn. This reflects a bearish sentiment in the market, further influencing grain price dynamics. Similar selling trends were observed in soybeans and SRW wheat, indicating broad market caution.

Weather Impact and Forecast Hurricane Beryl has brought significant rainfall across Arkansas, Missouri, western Tennessee, western Kentucky, and southern Illinois, with more expected over Missouri, Illinois, and Indiana in the coming days. Despite this, the market is currently more focused on the moisture benefits rather than potential heat risks forecasted in the 6-10 and 8-14 day periods.

US Crop Conditions Corn and soybean conditions have shown slight improvements last week, with corn rated 68% good to excellent and soybeans at 68%. These are among the best ratings for this time of year since 2020, suggesting robust crop health that could continue to influence grain prices.

Winter Wheat Harvest and Spring Wheat Conditions The US winter wheat harvest is progressing well, ahead of schedule with significant portions already harvested in Kansas and Texas. Spring wheat conditions are also favorable, with 75% rated good to excellent, although there have been some declines in states like Idaho, South Dakota, and Washington. Brazil's Corn Harvest and US Exports Brazil's second corn crop harvest is advancing rapidly due to favorable hot and dry conditions, with 63% of the crop already harvested. Meanwhile, US corn shipments saw a substantial increase last week, indicating strong export demand, which contrasts with the recent drop in domestic grain prices.

Ongoing Developments Lastly, the USDA reported a flash sale of corn, with significant quantities sold to unknown destinations, scheduled for delivery over the next two marketing years. This could signal ongoing international demand for US corn despite lower prices.

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