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SouthPoint Equipment opens new location in Wyoming, Ont.

SouthPoint Equipment opens new location in Wyoming, Ont.

SouthPoint Equipment is opening a new location and they're inviting you to celebrate!

The dealership will be hosting an open house on Friday, October 4th and Saturday, October 5th in Wyoming, Ont. 

Enjoy a complimentary lunch and take advantage of their celebration sales. 

Visit SouthPoint Equipment located at 5849 Oil Heritage Rd, Wyoming, Ont., N0N 1T0.

 

Friday, October 4th 

Open House - 10am to 4pm

Ribbon Cutting Ceremony - 11am

 

Saturday, October 5th

Open House - 8am to 2pm 

 

519-845-0202

www.southpointeq.ca


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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!