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Voice your support for plant breeding innovation in Canada

Health Canada has launched a consultation on plant breeding innovation. They are seeking feedback on two new pieces of guidance for the Novel Food Regulations, which focus on the regulation of novel foods derived from plants, including those developed using gene-editing technologies, and on providing a pathway to commercialization for new products.
 
Canada is recognized as a global leader in agriculture and our success has come from the industry’s commitment to continuous improvement. Canadian agriculture is constantly adopting new technologies and innovative solutions which benefit farmers, processors, consumers and our national economy.
 
Continued innovation in plant breeding is critical to supporting the efforts of Canadian farmers to sustainably grow safe, high-quality food for Canadians and consumers around the world. We need access to the newest varieties of crops that allow us to adapt and respond to changing climatic conditions and pest pressures while improving yields.
 
Health Canada needs to hear from you, the producers and supporters of Canadian Agriculture. To show your support, please click here to go to the Advancing Agriculture website, which provides email templates for producers and agriculture supporters to submit to the Health Canada consultation.
Source : saskwheat

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Markets Continue to Chase Chinese Trade Headlines

Video: Markets Continue to Chase Chinese Trade Headlines


The U.S./China trade war has escalated after Trump threatened to slap 100% Tariff on China by Nov. 1 after China placed some export restrictions on rare earth minerals.
But Trump overstepped/overreacted but the meeting with Xi at the end of the month was still on even after Trump threatened China with an embargo on used cooking oil. The U.S./China were going to meet and talk about trade issues today ahead of the meeting with Xi/Trump in South Korea.
Despite the increased tensions and noise both the corn and soybean futures held support at $4.10 and $10 with a corrective bounce higher on news that U.S. corn yields are a concern.
U.S. soybean prices are $0.90 to $1.50 cheaper than Brazil.
News that China was willing to remove the tariffs on Canada if Canada would lift the 100% levies on Chinese EV vehicles sent funds short covering in canola futures. Canadian and Chinese met on Friday to discuss ag issues like canola and meat.
Stocks fell on the increased rise in tensions with the U.S./China and concerns over bad regional loans, but investors shake off the news on strong Q3 earnings from the big U.S. banks.
Wheat continued to trade to new 5-year lows while cattle were breaking out to new record highs as Trump was working his magic on lower U.S. beef prices.
U.S. crude oil continued its trend lower as did Bitcoin.