Items Tagged with 'tariffs'

ARTICLES

EPA Increases Required Biofuel Usage in 2020; No Increase in Ethanol-Blending Requirements

July 8, 2019 | Posted in Biofuels

Source: AgriPulse

The EPA released a proposal last Friday that would increase the required production of biofuels by only 0.6%, from 19.9 billion gallons in 2019 to 20 billion gallons in 2020. This includes 15 billion gallons of ethanol, as well as 5 billion gallons of advanced biofuels, including cellulosic ethanol and biomass-based diesel.

China is Back, Purchasing U.S. Soybeans: Report

December 12, 2018 | Posted in Commodities

Chicago soybean futures jumped to highs not seen since China imposed tariffs on U.S. shipments in July, with the most actively traded January contract rising as high as $9.28 per bushel.

On the Record

[Podcast] Analyst Bullish on Deere, Titan Machinery

December 7, 2018

In this podcast, we share one analyst's 2019 outlook for Deere & Co. and Titan Machinery in addition to Deere CEO & Chairman Samuel Allen's concerns over the lasting impact tariffs could have on U.S. farmers. We also discuss Ag-Pro Companies expansion into Ohio and the dealership's rapid growth since 2014. Also in this episode: technology lessons from the auto industry, changes in farm profits and farmers' income and an improvement in producers' interest in making large investments, like machinery.

Countries Sign USMCA Trade Deal

November 30, 2018

The trade agreement replaces the North American Free Trade Agreement (NAFTA) and has been met with praise among ag industry leaders.

Deere CEO Worried About Lasting Impact of Commodity Tariffs

November 28, 2018

Deere & Co. CEO and Chairman Samuel Allen says he’s worried about the lasting impact a trade war could have on U.S. producers, particularly soybean growers.

Tractors from China to Brazil

November 19, 2018 | Posted in Ag Equipment Worldwide, Chinese Ag Machinery Market

According to a Nov. 6 Bloomberg report, AGCO is dropping made-in China tractors and replacing them with equipment built in Brazil.

Why U.S. Ag Sector is Sluggish Even as Overall Economy is Strong

November 9, 2018 | Posted in Data & Trends

Nathan Kauffman, vice president and Omaha Branch executive with the Federal Reserve Bank of Kansas City, says this is due to a number of reasons such as the gradual deterioration of ag credit conditions, intensifying trade disputes and low commodity prices. Kauffman dove deep into the numbers during a webinar presentation, hosted by Ag Equipment Intelligence. Kaufmann shared some key economic indicators for both the ag economy and the broader U.S. economy. The period of 2007-13 was definitely an economic low point for the aggregate economy, as consumer spending and the Federal Funds Rate (the interest rate banks lend to each other, as set by the Federal Reserve) declined during that period.

Second Round of Tariff Relief Payments Coming This Winter

October 31, 2018

The $12 billion U.S. Department of Agriculture aid package known as MFP was created this summer in efforts to alleviate the effects that some ag producers are feeling from ongoing trade tensions.

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Videos

AGCO Aims for $2 Billion in Precision Ag Business by 2029

In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.

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