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Brazil Soybean Exports to China on the Rise; U.S. Exports Decline

January 2, 2020 | Posted in Commodities

The U.S. share of China's soybean imports has dropped to 10% in the 2018-2019 market year, while Brazil's share has grown to 77% in the same time period. Tariffs on U.S. soybean exports to China have heavily impacted the crop's imports to China.

China Waives U.S. Pork, Soybean Import Tariffs

December 9, 2019 | Posted in Commodities

Source: The Pig Site

China said it will waive import tariffs for some soybean and pork shipments from the U.S., according to The Pig Site. The tariff waivers were based on applications by individual firms for U.S. soybeans and pork imports, the finance ministry said in a statement, citing a decision by the country's cabinet.

U.S. Soybean Production & Value Expected to Decline in the 2019-20 Marketing Year

September 13, 2019 | Posted in Commodities, Data & Trends

Dealers who Ag Equipment Intelligence editors have spoken with in recent weeks say the corn growers in their areas are in better shape than soybean producers. As a result, they aren’t expecting their customers growing soybeans to be in the spending mood when it comes new or updated equipment.

Ag Tariffs Not ‘Welcome News’ for U.S. Farmers or Ag Equipment Segment

April 1, 2018 | Posted in Commodities, Mergers & Acquisitions

If China enacts their announced tariffs on U.S. ag products, farm equipment dealers and manufacturers will feel it just as acutely. Already jittery about making capital investments, putting the proposed tariffs into effect, farmers could easily decide to put off replacing that tractor for another year.

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Deere Production Could be Down 10-15% Next Year

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.

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