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U.S. Researchers Develop PEDV Rapid Detection Test</

By Amanda Brodhagen, Farms.com

A new test provides a quick way to test for the porcine epidemic diarrhea virus (PEDV) in swine herds. University of Minnesota researchers have developed a PEDV rapid detection test that can be used on-farm.

The new test option comes several months after widespread PEDV outbreaks have been confirmed in 16 U.S. states. The virus devastates swine herds, wiping out an average 50 percent of young pigs. Test results are known within 24 hours, which allows hog producers to take the necessary precautions to mitigate the spread.  

Researchers have also sequenced DNA of a strain of PEDV, which has been deposited at the GenBank database at the National centre of Biotechnology to assist with continued research on PEDV. The virus poses no risk to human health or food safety.
 


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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!