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Ag In Motion Moves To New Digital Format For 2020

It's no real surprise Ag in Motion organizers have determined they won't be able to hold an in-person event this year. 
 
Show Director Rob O’Connor says they considered everything from limiting group sizes to distributing hand sanitizer to every attendee and ramping up cleaning protocols.
 
However, he says, in the end, they felt the risk was too high.
 
Instead, they are offering farmers a new digital experience, Ag in Motion Discovery Plus.
 
The new online event will deliver interactive content from the field, giving producers a unique vantage point to see equipment and agricultural technology at work.
 
The new digital event will deliver elements of Ag in Motion, like crop plots and side-by-side equipment demos featuring air seeders and tillage equipment, with a video series highlighting each piece.
 
A machinery expert will get behind the wheel of high-clearance sprayers and UTVs and provide a commentary for a digital Ride and Drive experience. 
 
Knowledge-based sessions like livestock central, crop plots, product launches, and the exhibitor showcase will all be featured.
 
More details on the new Ag in Motion Discovery Plus event will be released soon, the online event is free and scheduled to run July 21st to 25th.
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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!