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So you want to buy a farm…

So you want to buy a farm…

By Andrew Joseph, Farms.com

The dream is simple – leave the city and buy property in the country and become a small farmer of flowers, trees, fruits, grains, veggies or poultry, beef or dairy cattle.

The reality, however, much more complex, fraught with unknowns and unforeseen issues, controversies and your own knowledge of how exactly you are going to get started or finish.

It happens. But it need not.

Writer Eve Thomas has consolidated some advice via Elle Canada, on just what you should know before moving from city to a farm.

To view the article, click HERE.    

Photo by Jessica Rockowitz on Unsplash

 


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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!