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Bibeau Highlights Women Ag Entrepreneurs

Federal Agriculture Minister Marie-Claude Bibeau held a Virtual Roundtable recently with Women Ag Entrepreneurs from across Canada.
 
She says it was a great discussion that brought up a number of opportunities and challenges that exist for them:
 
"For example, the suggestion that childcare should be an expense, recognized as planning expense in some of our federal programs.
So that, when they hire temporary foreign workers for example, they could also include in their crew people who would be in charge of
taking care of the kids."
 
Bibeau notes there are over 75,000 female farm operators representing over 28 per cent of all farm operators in
Canada.
 
It was just over a year ago that Bibeau announced Farm Credit Canada's Women Entrepreneur Program.
 
She says the original three-year plan was to invest 500 million in Women's Agriculture and Agri-Food Businesses.
 
"We have already invested more than a $1 billion dollars to 1400 women owned businesses."
 
She notes women remain underrepresented in the sector and continue to face significant barriers which is why the
Government is taking steps to promote and empower women entrepreneurs in the agriculture 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!