Canada's Farm Show Set To Go Virtual This Week

Jun 14, 2021

For the first time in 43 years, Canada's Farm Show goes virtual this week.

Participants can register online for free for this week's event which runs Wednesday, June 16th and Thursday, June 17th.

Host Cherilyn Jolly-Nagel says the first day focuses on innovations and the State of the Industry

"So this is just a wonderful day full of programming that talks about where we are today. We have a president's panel with the presidents of various companies. I think there's four or five companies there that will talk about what it's like for them in agriculture today. There's a number of key speakers, but one of my favourite parts of day one with the innovations and State of the Industry is the Pioneers Panel."

The two-day online event features on demand programming allowing registered participants to view the video programs at their own convenience.

International Business is the focus for day two of Canada's Farm Show.

Ag talk presentations over the two days cover everything from artificial intelligence and plant protein to agronomy, increased revenue and sustainability in agriculture to water as an economic driver.

Click here to see more...

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!