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3 Questions for Precision Planting’s Andrew Feucht

Farm Show Snapshot

By Farms.com Media Team

Farms.com spent some time with Andrew Feucht at the National Farm Machinery Show last week in Louisville, Kentucky to catch up on Precision Planting’s advances in agricultural technology and its relationships with customers.

Feucht is manager of training and communications for Precision Planting, and is based in Tremont, Illinois. He is standing (see photo) beside the FurrowJet, a new planter attachment that places liquid fertilizer in specific locations to ensure optimum nutrient absorption.

The FurrowJet has been called a "game-changer" for starter placement.

Farms.com: Why is Precision Planting here at the show?

Feucht: “We come to Louisville because the growers come here. It’s a great opportunity to educate. We demonstrate what new insights we have gained, and we show off the products we’ve developed which are innovative and ecologically sound.”

Farms.com: How’s business?

Feucht: “Obviously we are in a tough market. But again, we try to focus on ROI when we are talking with growers. With $3.00 or $3.50 corn, you want to achieve maximum value on every dollar you spend. Farmers are not buying as much new equipment in an economy like this; they’re trying to improve what they have, and that’s where we shine.”

Farms.com: “How are you connecting with customers in 2016?

Feucht: “We use social media. We do print advertising. We do some radio, which is targeted by our dealer network. We also do our Planter Technology Institute tour around the country. We can put 60 growers in an expandable semi-trailer for three hours, and we talk about agronomy. Our sales team also does agronomy clinics. So we work hard to stay connected throughout the year.”


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Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.