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NATURE FRESH FARMS EXPANDS OPERATIONS INTO TEXAS

Nature Fresh Farms has expanded operations with a new Distribution Center in Laredo, Texas, with future developments planned for next year.
 
The new 61,000 square foot Distribution Center in Laredo, Texas, provides a new major hub of fresh produce. Since the opening of the facility, they have employed over 30 team members with more positions available for hire. The center will help service Nature Fresh Farms Mexican program and allow for direct shipping of product, shortening their supply chain. With this fully operational facility, the company will be able to bring fresher produce to customers located in the Southern United States.
 
Laredo Division Manager, Sergio Restrepo, said the new Distribution Center is in response to Nature Fresh Farms continuous growth. “The acquirement of our new center is part of our plans to optimize our distribution network,” shared Sergio. “With this, we are able to further strengthen our logistics and operations, ensuring that we can better meet the needs and expectations of our consumers and customers.”
 
Nature Fresh Farms has had a streak of sustained operational growth with their newly completed Phase 7 and 8 greenhouses, and a large expansion planned for their Leamington location with more details to follow. The company also has future plans for expansion in Ohio with an extension of acreage, in addition to their current 45 acres of greenhouse, and the construction of a new Distribution Center.
 
“We are looking forward to further developing our Ohio location with many new initiatives planned,” said Vice President, John Ketler. “We see significant opportunities in the continued construction with these new facilities needed to support our growth.”
 
Nature Fresh Farms has experienced rapid growth over the last few years. Today the company has over 600 employees, 200 acres of greenhouses Tomato, Pepper, and Cucumber plants, with multiple facilities across North America.
Source : Nature Fresh Farms

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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!