agriculture
Deere Surges With Farmers Signaling Best Year Ever
Luke Sharrett/Bloomberg
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.
February 19, 2021Trucks Key to Movement of Agricultural Products, USDA Report Finds
Andrei Stanescu/Getty Images
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.
December 18, 2020Deere Plans to Expand in Australia, New Zealand
A farmer operates a Deere & Co. 7760 Cotton Stripper in Australia on May 28. (David Gray/Bloomberg News)
Tractor giant Deere & Co. plans to expand in Australia and New Zealand, with its one-time chief economist leading the charge.
September 18, 2020Deere Raises Outlook With Farm Demand Cushioning Downturn
A Deere & Co. combine harvester is used to harvest wheat in Kirkland, Ill., on July 17. (Daniel Acker/Bloomberg News)
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.
August 21, 2020Port of Los Angeles Chief Says China to Miss Agriculture Target
The Vincent Thomas bridge spans the main channel of the Port of Los Angeles in this aerial photograph on May 1. (Patrick T. Fallon/Bloomberg News)
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.
August 14, 2020Agriculture Supply Chain Upended by Virus, Expert Says
Strawberries rot in a field in Plant City, Fla. (Chris O'Meara/AP)
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.
May 26, 2020Deere Surges Most Since 2016 on Surprise Growth in Farm Recovery
Deere & Co. John Deere tractors are displayed during the World Agriculture Expo in California on Feb. 11. (Patrick T. Fallon/Bloomberg News)
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.
February 21, 2020Deere Shares Fall; New CEO Adopts Cautious Outlook
Nati Harnik/AP
Deere & Co. delivered a more cautious outlook than expected for the year ahead as simmering U.S.-China trade tensions and difficult growing conditions keep North American farmers from replacing large equipment.
November 27, 2019US Chickens Headed to China After Beijing Lifts 5-Year Ban
China bought more than $500 million worth of poultry products from the U.S. in 2013. (Charlie Neibergall/Associated Press)
WASHINGTON — China is lifting a five-year ban on U.S. poultry, a goodwill gesture at a time when the world’s two biggest economies are trying to finalize a tentative trade deal.
November 14, 2019Top Agriculture Commodity Traders Get Squeezed as Exports Falter
Soybeans are loaded onto a bulk carrier ship at the Andersons Inc. grain trans-loading facility in Toledo, Ohio. (Luke Sharrett/Bloomberg News)
With U.S. grain exports expected to fall more than 20% in the 2019 crop year, Archer-Daniels-Midland Co., Bunge Ltd. and Cargill Inc. are making less money buying and selling crops.
October 28, 2019