Deere & Co forecasted lower-than-expected 2025 profit on Thursday, as slumping farm incomes and inflationary pressures affect demand for the company's tractors and other agricultural equipment.
Deere forecasts weak annual profit as farm incomes sag
Canada wants Mexico in USMCA trade pact despite China concerns, source says
Canada wants Mexico to stay in a continental trade pact despite concerns about China possibly using it as a back door to flood the North American market, a source directly familiar with the matter said on Wednesday.
U.S. grains: Soybeans fall to 2-week low on strong South American crop prospects
U.S. soybean futures hit a two-week low on Wednesday and soyoil futures fell more than three per cent on expectations for plentiful South American soy harvests this year along with uncertainty about demand for soy-based biodiesel fuel, analysts said.
China’s October soy imports from US climb for seventh month
China's soybean imports from the U.S. more than doubled in October from a year earlier, marking a seventh month of growth, as buyers accelerated shipments fearing a rise in trade tensions if Donald Trump were to return to the White House.
Russian farmers ditch wheat for other crops after heavy losses
Russian farmers say they will sow less wheat after heavy losses this year, switching to more profitable crops such as peas, lentils, or sunflowers.
Seed producer Corteva forecasts steady sales growth, unveils $3 bln buyback
Corteva expects low-single-digit percentage net sales growth through 2027, the U.S. agrichemicals firm said on Tuesday, banking on its exclusive seeds and crop chemical products.
U.S. grains: Wheat hits one-week high on fears of escalating Russia-Ukraine war
U.S. wheat futures rose for a third-straight session on Tuesday, posting a one-week high on fears of escalating war in the Black Sea breadbasket region amid rising tensions between Moscow and Washington over Ukraine, analysts said.
Thousands of British farmers protest against ‘tractor tax’ on inheritance
Thousands of farmers protested at Britain's parliament on Tuesday, some driving tractors through central London, to demand the scrapping of an inheritance tax that they say will destroy family farms and threaten food production.
Modi’s inflation-blowing farm pivot may not be enough to win key Indian state
Indian Prime Minister Narendra Modi has taken several pro-farmer but inflation-stoking measures in recent months, such as easing curbs on rice and onion exports, but that may not prove enough for him to sway an election on Wednesday in a key state.
Ukraine 2025 wheat crop seen rising on larger sowing area, minister says
Ukraine's wheat harvest may increase to up to 25 million metric tons next year from an expected 22 million tons this year thanks to a larger sowing area, the first deputy agriculture minister Taras Vysotskiy told Reuters in an interview.