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Farmers Should Be On Lookout For Clubroot, Soybean Cyst Nematode In 2020

There are a couple of crop disease issues that farmers should be on the lookout for this year.
 
David Kaminski is a Field Crop Pathologist with Manitoba Agriculture & Resource Development.
 
"Based on what happened last year, I don't think that we have any real clear indications of things that are going to be an immediate risk for the coming season," he said. "There are a couple of emerging pests that we really need to be on the lookout for, those being clubroot in canola and now soybean cyst nematode in soybeans."
 
Kaminski says it's important to scout regularly throughout the growing season.
 
He notes they're hoping to expand surveying efforts to include emerging crops such as field peas and Manitoba standards such as sunflowers.
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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!