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Irrigation, Broadband Part Of Government's $10 Billion Infrastructure Plan

On Thursday, Prime Minister Justin Trudeau announced $10 billion in new major infrastructure initiatives. The Canada Infrastructure Bank’s (CIB) Growth Plan is expected to create approximately 60,000 jobs across the country.
 
The three-year Growth Plan will invest in five major initiatives:
 
- $1.5 billion for agriculture irrigation projects in Western Canada. This includes the addition of an estimated 700,000 acres of newly irrigated land
 
- $2 billion to connect approximately 750,000 homes and small businesses to broadband in underserved communities
 
- $2.5 billion for clean power to support renewable generation and storage and to transmit clean electricity between provinces, territories, and regions, including to northern and Indigenous communities.
 
- $2 billion to invest in large-scale building retrofits to increase energy efficiency and help make communities more sustainable
 
- $1.5 billion to accelerate the adoption of zero-emission buses and charging infrastructure
 
"Increased irrigation can help farmers grow higher value crops and more crops per acre. It also makes water usage more efficient and helps provide protection from droughts. These types of investments will have positive impacts for years to come, helping mitigate the impacts of erratic weather events," said Canadian Federation of Agriculture President Mary Robinson. "Rural broadband has been a long-standing issue for Canada's farmers and rural communities. With the arrival of COVID-19, many services pivoted to become entirely online, highlighting the fact farmer's lack of high-speed connectivity puts us at a significant business disadvantage. Rural broadband is not only necessary for today's farmers to conduct business and take advantage of cutting-edge technology, it is also critical to attracting new, young farmers into the industry. We know younger generations see high-speed connectivity as essential to everyday living and business."
 
The CIB will also allocate $500 million for project development and early construction works.
 
Through the Canada Infrastructure Bank, the federal government has committed $35 billion to support infrastructure projects across the country.
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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!