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Deveron Commences 2017 Data Flights and Acquires More Drones

 
 
Deveron UAS Corp., is pleased to announce that it has commenced flying for the 2017 agricultural season in Canada. Deveron is focused on revenue generating and research driven drone data collection for the growing season in western and eastern Canada as it continues to build an on-demand, enterprise data collection network using drones.
 
Deveron has recently ordered additional drones, multispectral sensors and hired additional licensed pilots to service key agricultural communities in Canada.
 
“In 2016, we focused on building credibility and relationships with some of Ontario’s largest farming companies by helping us pioneer the use of drone data in agriculture,” commented David MacMillan, Deveron’s President and CEO. “We are excited to see our initial customers coming back in 2017 with greater data needs and we are also thrilled about the new growth opportunities we see as our network has expanded out west.”
 
The Company is also pleased to announce that it will be participating at one of the largest drone events in the world: AUVSI XPONENTIAL, in Dallas from May 8th to May 11th, 2017. Deveron’s Head – UAS Agriculture, Norm Lamothe, will be presenting on a panel titled “Remote Sensing Applications in Agriculture: How Drone Data Provides Value to Growers and Researchers” on May 9th, with several other industry experts. More than 7,000 industry leaders and professionals from over 55 countries are expected to attend as the market for unmanned systems – including drones– is poised to experience huge growth.
 
Source : Deveron UAS

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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!