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1 Brown Marmorated Stink Bug Discovered on P.E.I.

Prince Edward Islanders are being asked to be on the look out for a destructive agricultural pest called the brown marmorated stink bug.
 
One insect was spotted on a transfer truck that came into P.E.I. So far that has been the only one found on the Island.
 
The bugs can cause major damage in a wide range of crops, including apples, peaches, berries, peppers and corn. 
 
Dr. Christine Noronha of Agriculture and Agri-Food Canada in Charlottetown is working with colleagues across the country to monitor the insect's progress.
 
"Right now we are just trying to be proactive," said Noronha. 
 
"There is nothing to worry about at this point in time. We are going to set up some traps..aggregation traps, pheromone traps ... We also want to get the citizens involved, people involved in this,  and we want them to look out."
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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!