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Minnedosa's Bob McNabb Inducted Into Canadian Conservation Hall Of Fame

The Soil Conservation Council of Canada (SCCC) has announced that Minnedosa-native Bob McNabb is the newest inductee into the Canadian Conservation Hall of Fame. He was officially honoured this week at a ceremony at the University of Manitoba – the same institution he graduated from 50 years ago.
 
McNabb, who's also in the Manitoba Agricultural Hall of Fame, was recognized for his dedication to soil conservation and health in Canada.
 
He was an early adopter of zero tillage in the 1980s and became a key leader in Manitoba, helping to establish both the Manitoba-North Dakota Zero Tillage Farmers Association and the Manitoba Zero Tillage Research Association.
 
"Bob is one of those humble individuals who doesn’t feel he deserves to be recognized for his many achievements, but there isn’t anyone more deserving than him when it comes to his work advocating for conservation and soil health in Canada and around the world,” says SCCC Chair, Tim Nerbas. “Many of us at SCCC have had the pleasure of knowing and working closely with Bob for many years especially as he championed the zero tillage movement in the early days. He is known for his practical, innovative approach to his work and has paved the way for other leaders just like him."
 
McNabb also extended his zero tillage knowledge to Zimbabwe, where he co-ordinated a program to teach farmers how to improve soil stability and conserve moisture through zero tillage practices.
 
He has retired from farming and currently resides in the Vancouver area.
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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!