Biden to Take Infrastructure Agenda to Rural US
American agriculture is on track for one of its best years this century as soaring exports to China boost corn, soybean and wheat prices.
More Than 700 Barges Stuck in Mississippi River From Bridge Crack
A crack in a bridge over the Mississippi River has stranded more than 700 barges, cutting off the biggest route for U.S. agricultural exports when the critical waterway is at its busiest.
Shortage of Truck Drivers Concerns California Ag Producers
A worsening shortage of truck drivers is raising concerns among California farmers that, unless a solution emerges soon, there might not be enough hauling capacity to bring this year’s harvest to market.
Deere Surges With Farmers Signaling Best Year Ever
Deere & Co. lifted its earnings guidance above analyst estimates, with elevated crop prices and an improving farm economy signaling a record windfall for the biggest maker of agricultural machinery.
Trucks Key to Movement of Agricultural Products, USDA Report Finds
The trucking industry is central to the country’s agriculture sector as trucks transport a significant majority of agricultural freight by tonnage, according to a report published this month by the U.S. Department of Agriculture.
Deere Plans to Expand in Australia, New Zealand
Tractor giant Deere & Co. plans to expand in Australia and New Zealand, with its one-time chief economist leading the charge.
Deere Raises Outlook With Farm Demand Cushioning Downturn
Deere & Co., the largest maker of agricultural machinery, increased its sales outlook for the year as farm equipment demand remained resilient despite an “uncertain” market due to the coronavirus pandemic.
Port of Los Angeles Chief Says China to Miss Agriculture Target
The head of the U.S.’ busiest port said China is on track to buy less than one-third of the American agricultural products it promised to purchase in 2020, the first year of a trade pact between the world’s biggest economies.
Agriculture Supply Chain Upended by Virus, Expert Says
Disruptions to the food supply chain brought on by the coronavirus pandemic extend to farmers and their products, according to Andrew Novakovic, a professor of agricultural economics at Cornell University.
Deere Surges Most Since 2016 on Surprise Growth in Farm Recovery
Machinery giant Deere & Co. delivered an unexpected increase in earnings and maintained its annual outlook as early signs of stabilization in the U.S. farm sector offset a slowdown in construction. Shares rose the most in three years.