CFFO: New Ontario Premier Will Be Faced with Rural Issues

Jan 25, 2013

Christian Farmers of Ontario Believes Rural Ontario and Farmer issues are Becoming Even More Important

As the Ontario Liberal leadership race begins today and with the likelihood of a provincial election to be held sometime in the near future, the organization Christian Farmers of Ontario (CFFO) is saying that the issues in rural Ontario are becoming increasingly important.

The CFFO highlights some of those issues in its most recent blog, noting that issues such as weather conditions will lead to pressures to provide infrastructure and investment in areas such as water management as farmers deal with drought. Another issue that was outlined is the concerns over renewable energy projects, noting that there needs to be some changes made and communities need to be given more control over energy projects.

CFFO’s blog clearly underscores that there are policy issues that are distinctly rural, and that these rural issues will be something the new leadership will need to consider carefully as it create its new platform moving forward.

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!