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Celebrating National Agriculture Day: 50 Years of Progress and Promise

National Agriculture Day, which was March 21, is a momentous occasion that celebrates the critical role that agriculture plays in our lives and economy. It has been 50 years since the first National Agriculture Day was celebrated in the United States, and in that time, the landscape of American agriculture has transformed dramatically. 

Over the past half-century, American farmers and ranchers have embraced innovative practices that have improved productivity, reduced environmental impacts, and enhanced the quality and safety of our food supply. From precision agriculture and conservation tillage to biotechnology and renewable energy, farmers are employing cutting-edge technologies and techniques to produce more with less. 

Despite these advancements, however, the agriculture sector continues to face a range of challenges, including climate change, water scarcity, and changing consumer preferences. As such, the future of American agriculture will require continued innovation and collaboration between farmers, researchers, policymakers, and the public. 

On this National Agriculture Day, we celebrate the progress and promise of American agriculture and honor the hardworking men and women who contribute to its success. Let us continue to support and invest in the agriculture sector to ensure a vibrant and sustainable future for generations to come. 


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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!