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KIOTI Provides Customers with Additional Ways to Save

KIOTI Tractor has launched a variety of sales and finance programs through May 31, 2020 to provide savings to customers affected by the current economic situation. These include deferred payments, increased financing options and extending KIOTI’s Heroes Reward Program to include frontline medical workers.
 
While our communities navigate these uncertain times, we want to be sure our customers know these savings options are available to them. Details on the programs and links to more information are included below:
 
The KIOTI Heroes Reward Program has been extended to include frontline medical workers. This extension applies in both the United States and Canada.
 
The KIOTI Confidence Protection Promise is available until the end of May. With the purchase of any KIOTI tractor in both the United States and Canada, qualifying customers have no payments for the first 90 days.
 
Zero percent financing for 84 months on CS, CX and CK models, with no money down. This deal is available in both the United States and Canada, and it can be combined with the 90-day payment deferral.
 
Zero percent financing for 96 months with 10 percent down on CS models in Canada. This deal can be combined with the 90-day payment deferral.
 
Source : KIOTI

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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!