Japan Trade Deal = Win for Farmers + Black Swan in US Yields

[AgrivilleAdmin]

$8 billion trade deal with Japan but U.S. corn, soybeans and ethanol was a WIN for farmers.
The U.S. courts ruling that made Trumps reciprocal tariffs illegal is a short-term set back for future investments and trade deals?

Southern rust in Iowa is so severe that it has covered 60-70% of the corn real estate leaving very little room for tarpot! 84% of the Iowa corn crop is still good-excellent, 3% poor – very poor? If U.S. farmers did not apply fungicide only 20% because of low grain prices and took a risk, we have a problem, Houston!
Is this the start of the 89-year drought cycle that was delayed by a year?
The lows are in for corn. History often repeats but not necessarily rhyme.

OPEC+ is looking to unwind a 1.65 million barrel per day voluntary cut at Sundays next meeting bearish WTI crude oil as the summer driving season comes to an end.

Frost is early in 2025 and a concern, but it will not kill the growing season.
Next Friday's USDA crop report is about record ears and pods so we would not be surprised to see 190 and 54 bpa in the U.S. corn and soybean crops respectively.
U.S. cotton/rice farmers are struggling with 1/3 looking to go out of business as Ag Secretary Brooke Rollins says the “Golden Age” is coming.

Canadian government unveils new measures to help Canadian Prairies canola growers with a $370 million biofuel production incentive.

Soy oil futures closed the gap up from June of 25 now we can resume the uptrend.

?

[furrowtickler]

Imagine that, a government that makes deals for their agricultural industry, not punishing it and losing trading partners for ag commodities

[shtferbrains]

Last week Carney came home from Europe talking about how they wanted Canadian LNG and what a great opportunity it was to supply them.
So somehow that required an upgrade to the port of Montreal?
Or maybe Carney thinks we need more capacity to import Euro containers to align with his plans to move trade to Europe?
But nothing to actually add LNG capacity?

This week he comes out of his cabinet meeting with a reprieve on the 20% EV target by 2026.
Everyone in the word knows EV demand is declining and we can't move off the 10% of new sales now to 20% in one year.
So the Green Activists of the world have concluded they need to pivot to more biodiesel to meet climate targets.
Somehow that turns into a $370 million payment to "producers" as compensation for the Chinese counter tariffs on Canola due to tariffs on Chinese EV's that may have made the EV targets some small bit more realistic.
Fortunately for Carney he could pretend more subsidies for his green transition was a payment to support farmers.

Carney is a master at distraction. Say what the people want to hear, but it always must fit his WEF agenda?

[Old Cowzilla]

Noticed the elevators are digging out those Europe enviro forms again to sign. So all you boys and girls put away those cats, sc****rs and excavators . No planting canola where a tree once grew .....oh boy ! Starting to think its not just this country that's running 10 years to late all the time.

[Old Cowzilla]

Did not know sc****r was a bad word I mean things that dig up dirt ! and carry it.

[fjlip]

It has R A P E R S in it!

[fcr]

Please someone tell me how dry land farming is sustainable at these prices.In 43 years this is the worst profit margins i have ever encountered.Next year mostly pulses with limited inputs if things dont change and or give up rented ground.Last nights frost will down grade wheat at elevator im sure.

[agstar77]

It is all a pyramid sheme which will last as long as banks lend on inflated land values.

[fcr]

that’s the problem. when i started if you didn’t have the cash to buy something you didn’t buy it. every load of grain that was sold went into your bank account not someone else’s.

[furrowtickler]

Noticed the elevators are digging out those Europe enviro forms again to sign. So all you boys and girls put away those cats, sc****rs and excavators . No planting canola where a tree once grew .....oh boy ! Starting to think it’s not just this country that's running 10 years to late all the time.

Exactly , this going in a bad direction with European regulations going to be forced onto western Canada ag .
It’s comin