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Watch 100 Years of John Deere Tractor History

Watch 100 Years of John Deere Tractor History

The Legend Runs On After a Century in Business

By Jean-Paul McDonald
Farms.com

2018 marks the 100th anniversary of Deere & Company, a company that revolutionized the farm tractor and ushered in the modern era of farming. Although the company’s history stretches back a little further in time, it was Deere & Company’s purchase of the Waterloo Gasoline Engine Company in 1918 (a company based-in Waterloo, Iowa, that manufactured the Waterloo Boy tractor) that set them on a path to commercial success.

Over the decades, John Deere pioneered many features we still see in tractors today, including quick attach implements (1945), power steering (1954), roll guards for overturn protection (1966) and even the modern precision guidance system (2002). Fast-forward to 2018, with over 60,000 employees, the company continues to turn heads with sleek designs, emission reduction technologies, and more.

Check out the video below and see 100 years of progress in the making – enjoy!



 

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Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz

Video: Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz


The 12-day war between Iran-Israel came to an end sending crude oil futures plunging as the big fund speculators removed the war risk premium.

The weather risk premium in the Ag complex is sending corn, wheat and soybean futures lower on month-end selling ahead of the market moving USDA quarterly grain stocks and acreage reports on June 30th.

Instead, funds were chasing and sending tech stocks higher with the S&P 500/NASDAQ indexes setting new all-time record highs!

June 1 USDA Hogs and pigs report was slightly bearish while the U.S. $ Index traded to new contract lows as the de-dollarization that began in 2014 continues.

Feed in the form of soybean meal futures for livestock producers got cheaper, trading to new contract lows.

The Stats Canada seeded acreage update was bullish canola and wheat.