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Ag In Motion's Discovery Plus Event Goes Live Today

COVID 19 has resulted in the cancellation of most farm shows, events and field days but the Ag in Motion team just changed their format to accomodate the situation.
 
Show Director Rob O'Connor says they felt it was important to continue the show in a virtual format in an effort to keep producers updated with the latest information and technology they need on the farm.
 
The online venue continues throughout the week and features 240 different sessions from crop plot tours, to equipment demonstrations, information seminars, product launches and more.  
 
The Knowledge Centre features a variety of seminars from digital technology, to grain markets, risk management, crop production, insects, and disease sessions to a look at the global weather conditions in 2020.
 
With the virtual show this year it opens the opportunity for producers that couldn't normally make the trip to Langham, Saskatchewan to actually take part. 
 
One of the highlights for this year is the ATV Ride and Drive.
 
Laura Rance-Unger says it features 4 different ATV's that are taken through a challenging course that was set up on her acreage near Carman, Manitoba. 
 
They were tested on how they maneuvered in tight spaces, how they carry a load, how they tow a load, and how they handle steep terrain.
 
"You start to see that some vehicles perform better in some areas than others, but they all have attributes that people might be looking for when they go shopping for one of these machines."
 
She notes the UTV Ride and Drive is featured throughout the week just check the daily schedule for specific times. 
 
Livestock Central has something for everyone whether you're involved in the sheep, bison, dairy or beef industry. 
 
Producers will have an opportunity to take part in a number of online presentations covering a variety of topics from silage, to managing water quality, to information sessions on the beef value chain and a key panel discussion on building resiliency in the beef sector. 
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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!