Raw Milk Advocate Michael Schmidt Facing Criminal Charges of Sheep Theft

Dec 06, 2012

Four Charged in the Unlawful Removal of Sheep Quarantined for Scrapie

An Ontario farmer best known for his legal battle for producing and selling raw milk is now facing theft charges for taking sheep from a quarantined farm. The sheep were being quarantined by the Canadian Food Inspection Agency (CFIA) over concerns that the Shropshire sheep had a disease known as scrapie.

Schmidt is one of four who have been charged with what’s becoming known as the Montana Jones Scrapies case. The other three who are facing charges in addition to Schmidt are Montana Jones, Suzanne Atkinson and Robert Pinnell. The charges were laid following an investigation into 31 sheep that had gone missing from an Ontario farm on April 2, 2012. The charges include obstructing a CFIA inspector, transportation of animals under quarantine and conspiracy to defraud the public service. The sheep were later tracked back to a farm near Chesley, Ontario.

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!