Tremendous uncertainty exists regarding how many corn and soybean acres were left unplanted this year and enrolled instead in Federal Crop Insurance’s prevented plantings program. USDA’s June Acreage report was conducted too early to adequately capture the impact of prevented plantings on 2019 corn and soybean acreage and, as result, USDA resurveyed nearly all major corn and soybean states in July to better estimate actual planted acreage. However, results from that survey won’t be…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.
