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Diverse Landcover Boosts Yields for Major U.S. Crops

Diverse landcover can boost yields for major U.S. crops like corn and wheat, a new study shows. The findings run counter to previous assumptions that suggest monoculture—or specializing in a single crop, covering larger fields, that can be harvested with bigger machines on a simplified landscape—boosts a farm’s production capacity.

greenary

“We found that in more diverse systems, corn and wheat yields can be up to 10 percent higher,” says Emory University Assistant Professor in environmental sciences Emily Burchfield. “And if you combine high diversity of landcover with more complex landscape configurations, corn and wheat yields increase by more than 20 percent.” The research, funded by USDA’s National Institute of Food and Agriculture, has major implications for helping farmers adapt to climate change.

Source : usda.gov

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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!