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Ranch Management Forum Goes Virtual

The Saskatchewan Ranch Management Forum gets underway next week.
 
This year's event is free and is being held online for a couple of hours each day over the next two weeks.
 
Livestock and Feed Extension Specialist Alexis DeCorby says the first week focuses on Forages and covers a wide variety of topics:
 
" The first day is actually just General Forage Agronomy making sure that your stand actually establish. Day two is Rejuvenating Your Forage Stand, we're then going to move into a little bit of a different topic, and we're going to talk about some New Varieties. We're going to cap off the week with a couple more topics including Corn for Cows and also Cover Crops/Poly Crops and how those can be utilized in your new forage rotation going forward."
 
She notes the seminars during the first week will take place live from 12:30 to 2 pm, while the second weeks presentations run from 7 to 8:30 pm.
 
DeCorby says the focus during the second week will be on Improving Your Herd.
 
Presentations include Selecting the Right Bull for Your Herd, Maintaining Your Herd Bulls, Understanding Johne's Disease, Mineral Programs and Extensive Winter Feeding Systems and Parasitic Drug Resistance and Dealing with Common Cattle Pests.
 
Producers can register through their Saskatchewan Agriculture offices or by contacting the Agriculture Knowledge Centre at 1-866-457-2377
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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!