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GROW Program Now Accepting Letters Of Intent

The first call for Letters of Intent for project proposals under Manitoba’s new Growing Outcomes in Watersheds (GROW) Program is now open.
 
“Through GROW, and the establishment of these two Trusts, we have a new program and funding that will sustainably manage Manitoba’s watersheds,” said Agriculture and Resource Development Minister Blane Pedersen. “This is the beginning of a long-lasting partnership between the province, the Manitoba Habitat Heritage Corporation and, most importantly, Manitoba farmers and other landowners.”
 
In addition to income from the $102 million Conservation Trust, GROW projects will also be supported through the $52.0 million GROW Trust that was announced in June 2019. GROW Trust funds will compensate farmers when agricultural lands are committed to conservation purposes.
 
“The goal is to improve watershed resilience to the impacts of a changing climate,“ said Pedersen. “These trusts implement our government’s commitments in our Made-in-Manitoba Climate and Green Plan while enhancing sustainable production for Manitoba farmers.”
 
GROW will be delivered by Manitoba’s Watershed Districts and will provide incentives for landowners to adopt practices that reduce flooding, improve water quality and make the agricultural landscape more resilient to the impacts of climate change. Incentives will support activities such as wetland conservation and restoration, small water retention structures, riparian area enhancement, conservation buffer strips and perennial cover plantings and other conservation projects that are watershed management plan priorities.
 
“The two Trusts and the overall GROW framework bring a new dimension to conservation programs in rural Manitoba,” said Tim Sopuck, chief executive officer of the Manitoba Habitat Heritage Corporation. “The new program and the funding approach will deliver important environmental results to Manitobans for generations to come.”
 
Groups that are eligible to deliver GROW may apply for up to $500,000 in funding. Other groups may consider applying to the Conservation Trust under criteria established in the Watersheds category, where the maximum funding available is $250,000.
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Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”

Video: Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”


After a week of a U.S./China trade truce, markets/trade is skeptical that we have not seen a signed agreement nor heard much from China or seen any details. There are rumors that China is buying soybean futures & not the physical. Trust in Trump?
12 MMT of U.S. soybean purchases by China by year-end is better than 0 but we all need to give it more time and give it a chance to unfold. China did lower the tariffs on Ag and is buying U.S. wheat and sorghum.
U.S. supreme court could rule against Trumps tariffs, but the Trump administration does have a plan B.
U.S. government shutdown is now the longest in history at 38 days.
But despite a U.S. government shutdown we will be getting a USDA November crop report next Friday and it could be “game changing.” If the USDA provides a bullish surprise with lower U.S. corn and soybean yields and ending stocks that are lower than expected both corn and soybean futures will break out above their ceilings at $4.35/bu and $11.35/bu respectively.
The funds continued their selling in live and feeder cattle futures on continued fears that the Trump administration want to lower U.S. beef prices. The fundamentals have not changed, only market psychology has.
Stocks markets continue to worry about a weak U.S. job market, but you can blame ChatGPT for that. In the future, we will have a more efficient, productive and growing economy with a higher unemployment rate until we have more skilled AI workers.
After 34 new record highs in the S & P 500 and 124 new records in the NASDAQ in 2025 we are back to a correction and investor profit taking as AI valuations may have gotten too stretched near-term ahead of NVDA’s 3rd quarter earnings announcement on Nov. 19th. But this is not an AI bubble.
75% of Tesla shareholders approved a $1 trillion pay package for Elon Musk!
It has rained in South America in the last 7 days, but both the American and European models agree that Central Brazil remains dry in the next 14-days!