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P.E.I. Farmers taking a more year-round approach

 
The first snow is down across Prince Edward Island, but that doesn't mean you can't enjoy a good, Island-grown salad.
 
More P.E.I. farmers are extending the growing season, using greenhouses or covering fields in plastic, and lettuce is a particularly good candidate for late-season growing.
 
"The greens are actually sweeter," said Amy Smith of Heart Beet Organics in Darlington, in central Queens County.
 
"They are higher quality than the greens we grow in the summer months. A lot of them just seem to actually prefer the cooler conditions."
 
Smith and her partner Verena Varga have been farming in the winter for six years. Apart from the obvious benefits of adding months where they are earning income, there are also fewer concerns with bugs and weeds.
 
Source : CBC

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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!