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Murray Wideman winner of Deutz-Fahr 2016 Top Sales Award in Canada

Wideman co-owns Minto Ag in Harriston, Ontario

Murray Wideman (left) of Minto Ag was recently presented with Deutz-Fahr of Canada's 2016 Sales Top Award by Yves Daoust, district manager for Ontario and Western Canada. This is the fourth consecutive year that Minto Ag has managed this achievement.

Deutz-Fahr is currently celebrating their 17th year serving the Canadian marketplace.

Deutz-Fahr's tractor history dates back to 1894 when a facility in Philadelphia manufactured a tractor with a 26hp engine. Since then, Deutz-Fahr has expanded its reach into Europe and North America. In 2014 the Deutz-Fahr 9340 TTV won the 2015 Golden Tractor for the Design award during the EIMA International Agricultural and Gardening Exhibition.


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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!