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45-Day Public Consultation Period for the 4R Nutrient Stewardship Certification Standards Manual

Requirements for 4R Certification of Nutrient Service Providers in Prince Edward Island
 
4R Nutrient Stewardship best management practices (BMPs) must be customized to fit each farm’s unique climatic, soil, cropping and operational conditions. This is achieved, as needed, with professional input from recognized and qualified specialists such as Certified Crop Advisors who work with farmers to assess their specific farming operation and develop 4R Nutrient Management plans.
 
Fertilizer Canada is committed to increasing agricultural productivity while also helping to improve Prince Edward Island’s (PEI) water quality and environment. and will continue to work with the fertilizer industry to uphold the standards that are intended to support the adoption of 4R Nutrient Stewardship. The 4R Certification program will help the fertilizer industry increase the adoption and implementation of 4R Nutrient Stewardship on PEI farms. As a Fertilizer Canada member and/or stakeholder, your feedback is important to us. Any comments or feedback are to be submitted in writing to McKenzie Smith, Director of Nutrient Stewardship at Fertilizer Canada. The 45-day consultation period begun Monday July 15th with a submission deadline of August 31, 2019.
 
View the Draft 4R PEI Certification Standards Manual here. 
Source : fertilizercanada

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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!