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Farmers Sharing The Highway With Motorists

It’s the last long weekend of the summer and highways will be busy.
 
It’s also important to remember it’s a busy time for farmers as they work on bringing in the harvest.
 
Motorists are being reminded to stay alert and watch for slow-moving farm equipment.
 
Tyler McMurchy is with SGI and says August is when most collisions involving farm equipment tend to occur noting it’s important to be aware and stay focused on the road and what’s happening
 
“Farm equipment is very slow-moving so if you find yourself behind it, I think our Number 1 tip is to just be patient, give it plenty of space, reduce your speed accordingly and pass when it is safe to do so. You know farm equipment is often much wider and longer than a typical vehicle you’d find on the road even longer than a semi-trailer. So, you may want to give yourself that room, that space to safely pass.”
 
McMurchy says farmers also need to make sure their equipment meets road requirements:
 
“If your operating a piece of machinery at 40 kilometers per hour or slower that equipment must have on it an attached rear centered slow-moving vehicle sign. Depending on the size of the vehicle it also needs to be equipped with either flashing amber lights or flags.”
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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!