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Winkler Company's Invention Makes Grain Unloading Easier

 
Years of hard work have paid off for a Winkler grain equipment company.
 
Soaring Eagle Grain Equipment took home first place in Manitoba Ag Days' Inventor's Showcase held this week in Brandon.
 
The company has developed an add-on for an auger or conveyor that allows trucks to drive over it, replacing the usual method of swinging a hopper underneath the grain box.
 
Manager Tim Penner explains how it works.
 
“It's a belting system that transitions into flighting,” he said. “We've got a very low profile, it's only 2.5 inches. We also have self-cleaning rollers, you can do canola with this belt. It will clean the belt, so the belt doesn't get gummed up with oil products.”
 
It also includes a safety shut-off feature in case of an emergency.
 
The Ultimate Swinging Drive Over has been in production for about 12 months.
 
Penner hopes to see farmers using it this upcoming harvest.
 
Source : Steinbachonline

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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!