Bob Crain Presents Assembly Plant of Year Award to AGCO Jackson Operations

Nov 23, 2017

Pride in the team and gratitude for a job well done was evident as Bob Crain, senior vice president and general manager of AGCO North America, presented the 2017 Plant of the Year Award to the AGCO Jackson manufacturing team during an all-employee meeting Nov. 17, in Jackson, Minn.

AGCO Jackson Operations was chosen as the 2017 Assembly Plant of the Year because of the hard work and innovations adopted by the Jackson team since the Minnesota location took on manufacturing of Challenger® and Massey Ferguson® wheeled row crop tractors in 2011.

Two manufacturing innovations key to the location’s success are the use of cutting-edge technology such as Glass assisted-reality wearable devices and adoption of mixed product manufacturing processes. These innovations allow AGCO’s team to custom build five distinct types of tractors and applicators in multiple variations – and to do so better, faster, more efficiently and to the highest standards of quality. AGCO is the only agricultural company to receive this national distinction in the award’s 14-year history.

The Assembly Plant of the Year award was founded in 2004 to showcase production facilities in America and the people, products and processes that make them successful. The award is presented by ASSEMBLY magazine to a state-of-the-art facility that has applied world-class processes to reduce production costs, increase productivity, shorten time to market or improve product quality. AGCO was featured in the October issue of ASSEMBLY.

Source : AGCO

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.