AGCO Reports Second-Quarter Results

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DULUTH, Ga., July 30, 2024 /PRNewswire/ — AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, reported net sales of $3.2 billion for the second quarter ended June 30, 2024, a decrease of

RFA Urges Flex Fuel Vehicles for California Emissions Goals

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In comments to the California Air Resources Board in response to a late June workshop on potential amendments to the state’s Advanced Clean Cars II regulations, the Renewable Fuels Association urged CARB to require that all new vehicles with

Non-Real Estate Loan Activity Higher in 2024

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As commodity prices have continued to drop, many producers may face economic losses with less balance sheet resiliency. The economists at Agricultural Economic Insights say recent loan data revealed that farmers utilized more non-real estate debt in

Slight Changes in Latest Crop Progress Report

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(WASHINGTON D.C.)– Nationwide corn condition improved slightly while soybean and spring wheat conditions decreased slightly according to the latest USDA Crop Progress report for the week ended July 28th, 2024. Corn was rated 68% good to excellent,

Farm Expenditures Top $480 Billion in 2023

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The USDA estimates 2023 farm production expenditures in the U.S. at $481.9 billion, up from $452.5 billion the previous year. The four largest expenditures totaled $238.7 billion and accounted for 49.6 percent of total expenditures in 2023.

USDA Trade Mission to Colombia

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Alexis Taylor, USDA Under Secretary for Trade and Foreign Agricultural Affairs will lead 24 agribusinesses and organizations on a trade mission to Bogota, Colombia, August 13-15. The mission’s goal is to boost American agricultural exports and build