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Thousands march in Montreal in support of farmers, against trade concessions

MONTREAL - Half a dozen tractors rolled through the streets of downtown Montreal on Sunday as thousands of people marched in support of farmers who say they're threatened by the new U.S.-Mexico-Canada trade agreement.
 
Many in the crowd brandished signs and kitchen utensils and pushed shopping carts as they joined an hour-long march organized by Quebec's farmers' union.
 
The union, known by its French-language acronym UPA, says Canada made "unprecedented" concessions in the dairy sector during negotiations for the USMCA deal.
 
President Marcel Groleau argued that producers in Quebec have to pay higher wages and meet higher environmental standards than those in the United States and Mexico.
 
He called on the Quebec and federal governments to support local products and make sure any new imports have to meet the same standards Quebec producers are bound by.
 
"The security of a nation depends first and foremost on its ability to feed itself," he said.
 
Canadian dairy farmers stand to lose 3.59 per cent of their market to U.S. producers under the new trade deal, although the federal government has promised to compensate producers for their expected losses.
 
The marchers, many of whom were bussed in from all over Quebec, stretched over several city blocks as they wound their way through Montreal's downtown.
 
They later filled a public square in the city's entertainment district, where booths were set up to hand out Quebec food products including apples and hot chocolate.
 
Monia Grenier, a dairy producer and union representative from the Estrie region, said Sunday's event was not a protest, but an appeal for solidarity.
 
While she was disappointed with the Trudeau government's concessions on dairy, she said she understands there's likely no going back.
 
"Protesting and making noise isn't good anymore — it's about educating people the right way," she said.
 
The union has been appealing directly to consumers, urging them to reject the new imports and support local producers.
 
"What we want is for people to stand with us and buy local, buy Quebec products as much as possible," Grenier said.
 
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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.
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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.
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