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Governments Support Western College Of Veterinary Medicine

Three provincial governments announced the renewal of their financial commitment to the University of Saskatchewan’s Western College of Veterinary Medicine (WCVM).
 
The Manitoba, BC and Saskatchewan governments’ agreement with the University of Saskatchewan provides over $134 million to the Western College of Veterinary Medicine for the next five years.
 
“The Manitoba government is pleased to renew our commitment to training in veterinary medicine and continue our long-standing partnership that provides high-quality education and training opportunities to Manitobans and helps meet labour market demand across the province,” said Manitoba Economic Development and Training Minister Ralph Eichler. “This is an important investment in Manitoba’s agriculture sector that aligns with needs under the Manitoba Protein Advantage Strategy. We need good veterinarians in place to help us practice safe animal welfare and keep growing animal agriculture in Manitoba.”
 
The WCVM is the premier centre of veterinary education, research and expertise in Western Canada.
 
The college’s new interprovincial agreement is in place until 2025.
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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!