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AED President & CEO Brian P. McGuire Issues Statement on 2024 Presidential Results

Associated Equipment Distributors (AED) President & CEO Brian P. McGuire issued the following statement on the 2024 Presidential Election results.

"Congratulations to President-Elect Donald J. Trump on a successful, hard-fought campaign. AED looks forward to collaborating with the Trump administration and the next Congress to advance our pro-growth, job-creating policy agenda."

"Our country stands at a crossroads where bipartisan cooperation is not just necessary—it is essential. We must rise above gridlock and inaction. Together, Republicans and Democrats have the responsibility to maintain a tax code that fosters growth, to invest in our infrastructure and rural communities, and maintaining and nurturing the next generation of skilled workers who will shape our future. The prosperity of the United States depends on these commitments, and AED members are ready to play a key role in building, feeding, and fueling the country. Now is the time for our elected leaders to set aside partisan divides, prioritize these critical issues, and work hand in hand for the success and future of our nation."

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Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”

Video: Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”


After a week of a U.S./China trade truce, markets/trade is skeptical that we have not seen a signed agreement nor heard much from China or seen any details. There are rumors that China is buying soybean futures & not the physical. Trust in Trump?
12 MMT of U.S. soybean purchases by China by year-end is better than 0 but we all need to give it more time and give it a chance to unfold. China did lower the tariffs on Ag and is buying U.S. wheat and sorghum.
U.S. supreme court could rule against Trumps tariffs, but the Trump administration does have a plan B.
U.S. government shutdown is now the longest in history at 38 days.
But despite a U.S. government shutdown we will be getting a USDA November crop report next Friday and it could be “game changing.” If the USDA provides a bullish surprise with lower U.S. corn and soybean yields and ending stocks that are lower than expected both corn and soybean futures will break out above their ceilings at $4.35/bu and $11.35/bu respectively.
The funds continued their selling in live and feeder cattle futures on continued fears that the Trump administration want to lower U.S. beef prices. The fundamentals have not changed, only market psychology has.
Stocks markets continue to worry about a weak U.S. job market, but you can blame ChatGPT for that. In the future, we will have a more efficient, productive and growing economy with a higher unemployment rate until we have more skilled AI workers.
After 34 new record highs in the S & P 500 and 124 new records in the NASDAQ in 2025 we are back to a correction and investor profit taking as AI valuations may have gotten too stretched near-term ahead of NVDA’s 3rd quarter earnings announcement on Nov. 19th. But this is not an AI bubble.
75% of Tesla shareholders approved a $1 trillion pay package for Elon Musk!
It has rained in South America in the last 7 days, but both the American and European models agree that Central Brazil remains dry in the next 14-days!