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Animal Agriculture Sustainability Summit: Implementation Key To Continuous Improvement

"Continuous improvement never ends, so efficiency has to improve. If we want to do things better, we need to focus on certain areas, including water use and quality, soil erosion and land use, energy use, nutrient use efficiency, manure from farms, as well as other areas. Implementation is the key. We have to change things," said Dr. Marty Matlock, executive director of the University of Arkansas Office for Sustainability and professor of Ecological Engineering, during his presentation at the Animal Agriculture Sustainability Summit held during the 2017 International Production & Processing Expo in Atlanta.

Matlock's presentation, "What is Sustainable Agriculture and How Do You Demonstrate It," focused on expanding opportunities for stakeholder engagement and sharing improvement technologies and practices. Matlock explained key performance, environmental sustainability, social sustainability and economic sustainability indicators. He remarked, "After identifying measurable elements in each indicator, you will know what is already measured, what can be measured and what should be measured. The common measurements in the sector will be classified as system metrics for benchmarking."

In her presentation on "An Industry Success Story on Achieving Zero Landfill Status," Michele Boney, director of environmental, health and safety, West Liberty Foods, discussed the company's journey in obtaining Landfill Free certification. Boney noted that West Liberty Foods previously produced 7.5 million pounds of waste that went to landfills annually, comparable to 312 garbage trucks. Since 2012, West Liberty Foods has diverted 520,000,000 pounds of waste from landfills. She remarked that the company is continuing to work on projects that support their sustainability initiatives, such as baler versus compacting that would reduce trucks on the road, utilizing solar and/or wind power, and working with their electrical company to find solutions on energy projects.

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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!