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Federal Agriculture Critic Lianne Rood Is Ready For Her New Role

Conservative Leader Erin O'Toole unveiled his shadow cabinet this week. 
 
O'Toole promoting Lianne Rood to the role of Shadow Minister for Agriculture and Agri-Food. 
 
Rood grew up on a vegetable farm in Ontario and has served as the Deputy Shadow Minister since her election in 2019.
 
 "My experience goes beyond just growing up on a farm and being involved in Agriculture. I had the pleasure of working with David Anderson for several years working with him on the Canadian Wheat Board file under Minister Gerry Ritz under Stephen Harpers government."
 
She says our farm families and producers are a critical pillar of our rural economy.
 
"You know Agriculture is a key foundation of our country. So moving forward I think we need to make sure that our producers and our farmers have the tools and the support they need to order to be successful and so we can ensure our food security moving forward."
 
Rood says she'll continue to hold the Liberal government to account and fight on behalf of farmers and producersacross the country.
 
She replaces Alberta Foothills MP John Barlow as the party's agriculture critic. 
 
Barlow had supported Peter McKay in the Conservative's Leadership race. 
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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!