“This is a milestone in AGCO’s focus on the farmer technology strategy that will create an industry leader in mixed fleet precision ag solutions,” says Eric Hansotia, chairman, president and CEO at AGCO. The joint venture will enable Trimble technology, which includes displays, steering motors, application control and software, on more than 10,000 different models and almost any OEM.
If Congress doesn't pass stopgap funding, crop production and progress reports will probably stall. That won't bode well for markets. "Usually it means that we've got some selling pressure ahead,” says one analyst.
Despite recent drought challenges, U.S. cattle producers remain optimistic and committed. Poised for growth and adaptation, producers seek understanding in consumer expectations and the complex marketplace.
Congressman Earl Blumenauer (D-OR) introduced the Assisting Family Farmers Through Insurance Reform Measures (AFFIRM) Act to change crop insurance. If passed, it would not be good for farmers.
In total, the 70 projects in 35 states will increase community safety through track improvements, bridge rehabilitations, fewer highway-rail grade crossings, upgrades on routes carrying hazardous materials and more.
