Precision Ag Technology on full display

Jan 29, 2020

Farms.com Eastern Precision Agriculture Conference and Ag Tech Showcase Kicks off in London

Farmers across Ontario are headed to RBC Place in London today for the start of the 7^th annual Farms.com Precision Agriculture Conference & Ag Tech Showcase - a two-day event featuring expert speakers and tech demonstrations highlighting the immense value of precision technology on the farm. This year’s conference has an expanded dairy focus and will examine the multiple uses of precision ag tech in the dairy industry.

The conference begins with keynote presentations from Dr. Vern Osborne, Professor, Department of Animal Biosciences at University of Guelph, focusing on the future of the dairy industry, followed by a presentation on Real-time Molecular Diagnostics for Herbicide and Pesticide Resistance Testing by Professor Robert Edwards, Head of School of Natural and Environmental Sciences at Newcastle University in England.

Professor Edwards is representing AGRI-INNOVATIONS Limited, a U.K.-based company that focuses on bringing molecular diagnostics testing directly to the farm. The company has developed a small, portable testing device that can detect herbicide and pesticide resistance in weeds, pests, and pathogens. With results in minutes, the rapid-testing allows producers to have answers in real-time rather than days or weeks. This type of testing allows for quick decisions by producers as to which type of herbicide or pesticide will be the most effective in their crop protection strategies.

The conference will cover a range of topics, with over 20 presenters and many exhibitors, including Climate FieldView, GPS Ontario, Kearney Planters, and more.

Video: Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”

After a week of a U.S./China trade truce, markets/trade is skeptical that we have not seen a signed agreement nor heard much from China or seen any details. There are rumors that China is buying soybean futures & not the physical. Trust in Trump?
12 MMT of U.S. soybean purchases by China by year-end is better than 0 but we all need to give it more time and give it a chance to unfold. China did lower the tariffs on Ag and is buying U.S. wheat and sorghum.
U.S. supreme court could rule against Trumps tariffs, but the Trump administration does have a plan B.
U.S. government shutdown is now the longest in history at 38 days.
But despite a U.S. government shutdown we will be getting a USDA November crop report next Friday and it could be “game changing.” If the USDA provides a bullish surprise with lower U.S. corn and soybean yields and ending stocks that are lower than expected both corn and soybean futures will break out above their ceilings at $4.35/bu and $11.35/bu respectively.
The funds continued their selling in live and feeder cattle futures on continued fears that the Trump administration want to lower U.S. beef prices. The fundamentals have not changed, only market psychology has.
Stocks markets continue to worry about a weak U.S. job market, but you can blame ChatGPT for that. In the future, we will have a more efficient, productive and growing economy with a higher unemployment rate until we have more skilled AI workers.
After 34 new record highs in the S & P 500 and 124 new records in the NASDAQ in 2025 we are back to a correction and investor profit taking as AI valuations may have gotten too stretched near-term ahead of NVDA’s 3rd quarter earnings announcement on Nov. 19th. But this is not an AI bubble.
75% of Tesla shareholders approved a $1 trillion pay package for Elon Musk!
It has rained in South America in the last 7 days, but both the American and European models agree that Central Brazil remains dry in the next 14-days!

Precision Dairy Farming – New and Old Technologies

President Trump signs USMCA into law