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20 new research projects supported by the Agricultural Greenhouse Gases Program

  1. The 20 new research projects supported by the Agricultural Greenhouse Gases Program span from coast-to-coast, from the University of British Columbia to collaborative research with conservation groups in New Brunswick and Prince Edward Island. They range in scope from studying irrigation practices that can help reduce GHG emissions in B.C. to planting willow trees in areas irrigated by rivers in the Atlantic as a means to sequester carbon.
     
  2. The UBC research, which will engage farmers in Delta, is expected to quantify and mitigate GHG emissions in agriculture, leading to improved crop yields while using less nitrogen fertilizer, thereby benefiting producers in Canada and other GRA member-nations.
     
  3. UBC is a global centre for research and teaching with more than 60,000 students, 5,000 faculty and 10,000 staff. With a $2.3 billion annual operating budget, UBC has 1,261 research projects with industry partners, and 1,095 research contracts and agreements with government and non-profits. Agriculture was one of three founding faculties at UBC, along with Arts and Science, with the first students enrolled in 1917; the faculty is currently known as the Faculty of Land and Food Systems (LFS), and is committed to sustainable agricultural and food production, environmental protection, and climate change mitigation.

     

Source: AAFC


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U.S.-China Trade “Truce” + U.S. Fed Cuts Rates Again

Video: U.S.-China Trade “Truce” + U.S. Fed Cuts Rates Again


The market was hoping for a US-China trade deal, but we got a trade “truce” for now from the keenly awaited Trump-Xi meeting at the APEC Summit.
China commits to minimum purchase commitments of 12 MMT of U.S. soybeans during the “current season” and a minimum of 25 MMT annually through 2028.
U.S. Treasury Sec Bessent said other Asian countries have agreed to buy additional 19 MMT of US soybean.
Soybean futures trading above $11 now- they normally tend to rally to $12.
As expected, US Fed cuts interest rates by -0.25% again in October to 3.75%–4.00%. No further cuts promised for this year but trade looking out to the Dec FOMC.
The Bank of Canada cut interest rates to 2.25% but raised concern over trade war damage.
Soy meal futures, remarkably, have had 14 consecutive higher close sessions. A bull market in soybeans is a bull market in soy meal!
Cattle futures lower as funds unwind out of cattle for now due to Trump headlines and objective to lower beef prices.
All major stock indices climb to new record highs. It was Mag 7 reporting week, which had mixed results. But we now have the first $5 trillion company in Nvidia!