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Federal Investments Support Western Canadian Innovation and Exporting

 
The Government of Canada is providing over $4.1 million to support innovation and international trade in Saskatchewan's agricultural equipment manufacturing sector in an investment announced today by the Honourable Ralph Goodale, Minister of Public Safety and Emergency Preparedness, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for Western Economic Diversification Canada, at Morris Industries Ltd.
 
Morris will receive $3,457,953 through the Western Innovation (WINN) Initiative to commercialize an advanced manufacturing technology for its production process while Saskatchewan Trade and Export Partnership (STEP) will receive $700,000 through the Western Diversification Program (WDP) to rent trade show floor space at Agritechnica 2017 in Hanover, Germany.
 
The advanced manufacturing technology commercialized by Morris with the WINN funding enables the company to increase production capacity, offer new technology features in its products, while increasing its global competitiveness.
 
Morris will showcase its new features in its products when it attends Agritechnica in November, along with more than 40 western Canadian agricultural equipment manufacturers, agricultural service companies, and technology companies.
 
Agritechnica, with an attendance of 450,000 visitors from over 75 countries, is the world's most important trade show for western Canadian companies seeking to enter and maintain existing European markets and other international markets.
 
Source : Newswire

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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!