Deere & Co cut its 2024 profit forecast on Thursday as farmers remained hesitant about big-ticket equipment purchases due to high borrowing rates and falling crop prices, even as its first-quarter sales and profit topped Wall Street estimates.
Deere cuts 2024 profit view as borrowing costs hurt demand
Executives expressed caution about margin performance amid weakening farm economy
US allows farmers to use existing supplies of dicamba weedkillers
An Arizona court decision vacated the EPA's registration of dicamba-based herbicides
The U.S. Environmental Protection Agency said on Wednesday that farmers can use some existing supplies of herbicides based on the chemical dicamba, despite a federal court ruling last week that halted sprayings.
U.S. grains: Soy and corn set three-year lows on fund selling, supply outlook
Markets down about 10 per cent this year, traded on lowest levels since late 2020
Soybean and corn futures fell to three-year lows at the Chicago Board of Trade on Wednesday under pressure from fund selling and expectations for increased U.S. supplies, analysts said.
US is ’18 months or so’ away from finding bird flu vaccine, says agriculture secretary
USDA plans to discuss poultry vaccinations with trading partners amid trade restriction concerns
The U.S. Department of Agriculture is "18 months or so" away from identifying a vaccine for the current strain of bird flu and is developing a process to distribute it, said Agriculture Secretary Tom Vilsack on Wednesday.
US agriculture secretary sees ‘chaos’ in meat market without congressional action on Prop 12
Canadian sector worried state-specific regulations will cause severe complications for producers selling into U.S.
There will be chaos in the U.S. meat marketplace without congressional action on California's Prop 12 law that tightened animal welfare requirements for pork products sold in the state, Agriculture Secretary Tom Vilsack said during a congressional hearing on Wednesday.
India security forces fire tear gas at protesting farmers on drive to Delhi
Farmers calling for promised higher prices for their produce
Indian security forces fired tear gas at protesting farmers for a second day on Wednesday to stop tens of thousands from marching to the capital New Delhi to demand higher prices for their produce.
U.S. grains: Soybeans and corn continue to be pressured by global supplies
Wheat futures weighed by falling Russian prices
Chicago Board of Trade (CBOT) corn futures firmed slightly on Tuesday on technical trading, but still hovered near three-year lows as ample global supplies, improving South American crop prospects, and intense export competition weighed over the market.
U.S. livestock: Livestock futures turn lower on pressure from equity markets
Strong U.S. dollar adds pressure to cattle, hog futures
Chicago Mercantile Exchange livestock futures turned lower on Tuesday, on pressure from the equity markets after government data showed U.S. inflation slowed less than expected in January.
Number of US farms falls and size increases, census shows
Number of acres in production falls by 20 million
Farms in the U.S. continued to get larger and the number of farms fell between 2017 and 2022, new data released by the U.S. Department of Agriculture showed on Tuesday.
Head of French farmers union says protests could resume
Government in talks with farmers over prices, regulation and bureaucracy but union says its not doing enough
The head of France's biggest farming union - the FNSEA - said on Tuesday that protests that hit the sector last month could resume if the government does not do more to meet their demands for better pay and working conditions.
Canadian Cattlemen Presents: Depth of Field
