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The soybean complex remains well supported by the dismal crop-weather in Argentina, affecting half of that country’s soybean crop.
By Tom Polansek and Mark Weinraub
CHICAGO, Feb 16 (Reuters) - U.S. agricultural merchants are
scrambling to register themselves as cooperatives after a
blunder in the country's new tax law gave farmers a tax break
for selling grains to co-ops rather than private firms.
Private crop handlers - which includes the "big four"
merchants Archer Daniels Midland Co, Bunge Ltd,
Cargill Inc and Louis Dreyfus - fear they
will struggle to buy grain supplies when the next harvest season
comes if the provision is not overturned.
In 1935, Deere set out to create a small, affordable utility tractor based on the model B, one of the most popular tractors in that company’s history.
CHICAGO, Feb 16 (Reuters) - Private analytics firm Informa
Economics trimmed its forecast of U.S. 2018 winter wheat
production and yield, according to an Informa client note dated
Thursday and obtained by Reuters.
The firm lowered its forecast of U.S. 2018 winter wheat
production to 1.231 billion bushels, from a Jan. 23 figure of
1.292 billion. Informa put the 2018 winter wheat yield at 47.7
bushels per acre, down from 49.3 bpa previously.
3. German Grain Cash Prices Feb 16
Lowest known bids in EUR/t, delivered.
At local time 11:30 GMT.
Barley, min 62-63 kg/hl
bid offers change
Delivered Hamburg Feb 18 165,00 170,00 +4.00
Delivered Hamburg Mar 18 165,00 170,00 +4.00
Ex Store Saxony Thüringen Feb 18 149,00 154,00 +4.00
Wheat, A-quality, 13 % min
Protein, Hagberg 275
(Recasts, updates with U.S. trading, adds analyst quote,
changes byline, dateline; previous PARIS/SYDNEY)
By Mark Weinraub
CHICAGO, Feb 16 (Reuters) - U.S. soybean futures fell from
their highest since late July on Friday as traders locked in
profits from this week's weather-driven rally.
Scott Shellady, from the CME Group floor in Chicago on Friday, February 16, 2018
Kubota, a respected leader in the diesel UTV market is expanding to offer a gas model, the new RTV-XG850 Sidekick.