Industry News | 08-12-2024

EXCLUSIVE: John Deere Speaks Publicly For the First Time About Layoffs, New Challenges in the Ag Economy
John Deere recently laid off a significant number of salaried employees as part of the company's ongoing workforce reductions. The official number of layoffs is still unknown but are part of a broader trend of workforce reductions at John Deere, which have been ongoing for several months.
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12 States Report Dented Corn
For six of those states, 10% or more of the corn crop was at the dented growth stage the week ending Aug. 4, said USDA.
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4 Biggest Regrets of Retired Farmers
Pinion advisors share stories and powerful lessons from retired farmers to help you avoid similar regrets in your own life, business and family.
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What's Behind 'Puzzling' Uptick in Farmer Optimism?
Cash price declines of 11% for corn and 5% for soybeans from mid-June to mid-July in the Eastern Corn Belt didn’t quell farmer sentiment in July, according to the latest figures in the Ag Economy Barometer.
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Cargill Internal Memo Describes Structural Overhaul to Streamline Company
Global trading house Cargill will undergo structural changes after missing internal earnings goals, with plans to streamline operations into three units instead of five, according to an internal company document seen by Reuters and two company sources.
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