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MFGA Regen Ag Conference Going Digital This Year

Manitoba Forage and Grassland Association (MFGA) has made some changes to its Regenerative Ag Conference this year.
 
Duncan Morrison is the organization's executive director.
 
"A lot of the agriculture groups that rely on these annual gatherings are being forced to be creative and that's essentially what we did with our conference is that we've moved it online and expanded it. Rather than be a normal 2.5 day event, it will now be held over four nights in November."
 
Morrison filled us in on some of the topics that will be discussed.
 
"We're really keen on giving a made-in-Manitoba type focus through the words of the international speakers," he explained. "We have three international speakers that have committed to us and one local of quite prominence in Ryan Boyd, whose on our board, but also is a Nuffield Scholar 2019 and Ryan is going to be giving his first official presentation of his Nuffield Scholar travels."
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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.
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