Farms.com Home   Ag Industry News

Papé Machinery Agriculture & Turf acquires Valley Truck & Tractor

Papé Machinery Agriculture & Turf acquires Valley Truck & Tractor

Papé, a John Deere agriculture and turf equipment dealer, acquires nine more with acquisition of California company.

By Andrew Joseph, Farms.com, Photo by Chris Robert on Unsplash

You can never have too much Deere.

Papé Machinery Agriculture & Turf has acquired Valley Truck & Tractor, owners of nine John Deere dealerships in California’s Chico, Colusa, Dixon, Elk Grove, Gridley, Robbins, Willow, Woodland, and Yuba City areas.

“We welcome our new customers and employee members to Papé,” said Ryan Papé, President of Papé Machinery Agriculture & Turf. “All of us with Papé are dedicated to earning our customer’s business every day with consistent, quality customer service that maximizes their uptime 24/7.”

Papé Machinery Agriculture & Turf is an authorized dealer for the full line-up of John Deere agriculture and turf equipment, and now spreads its customer services to 44 locations throughout California, Oregon, Washington and Idaho.

The company also provides an expansive network of locations throughout the western US to help customers meet their capital equipment sales, rental and service needs through its other entities within the Group: Papé Machinery Construction & Forestry, Papé Material Handling, Papé Kenworth, Ditch Witch West, A Papé Company, and Engineered Products, A Papé Company.


Trending Video

U.S.-China Trade “Truce” + U.S. Fed Cuts Rates Again

Video: U.S.-China Trade “Truce” + U.S. Fed Cuts Rates Again


The market was hoping for a US-China trade deal, but we got a trade “truce” for now from the keenly awaited Trump-Xi meeting at the APEC Summit.
China commits to minimum purchase commitments of 12 MMT of U.S. soybeans during the “current season” and a minimum of 25 MMT annually through 2028.
U.S. Treasury Sec Bessent said other Asian countries have agreed to buy additional 19 MMT of US soybean.
Soybean futures trading above $11 now- they normally tend to rally to $12.
As expected, US Fed cuts interest rates by -0.25% again in October to 3.75%–4.00%. No further cuts promised for this year but trade looking out to the Dec FOMC.
The Bank of Canada cut interest rates to 2.25% but raised concern over trade war damage.
Soy meal futures, remarkably, have had 14 consecutive higher close sessions. A bull market in soybeans is a bull market in soy meal!
Cattle futures lower as funds unwind out of cattle for now due to Trump headlines and objective to lower beef prices.
All major stock indices climb to new record highs. It was Mag 7 reporting week, which had mixed results. But we now have the first $5 trillion company in Nvidia!