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Deadline Approaching for Organic Certification Cost Reimbursement

The application deadline for reimbursement for organic certification costs is Nov. 30, 2022. Applications will be accepted for reimbursement of organic certification costs through the Organic Certification Cost Share Program for fiscal year 2022 through the end of the month.

“Organic farmers, ranchers, processors and handlers can receive up to $500 of the organic certification costs paid between Oct. 1, 2021, and Sept. 30, 2022,” Agriculture Commissioner Doug Goehring said.

Certification assures consumers that products are produced by recognized organic methods. Certification enables organic producers and processors to label and sell their products with a federal organic seal. Such products typically command a higher price in the marketplace.

Applicants who are certified by International Certification Services or the Organic Crop Improvement Association Chapter 1 should apply for reimbursement through the certifier.

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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!