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Deere Employees Increase Volunteer Hours by more than 50 percent

 
In 2016, Deere & Company (NYSE: DE) employees increased by more than 50 percent the number of volunteer hours they recorded in service to community organizations worldwide, totaling nearly 158,000 hours in the year compared to approximately 104,500 in 2015.
 
During the year, Deere launched its "Serving Our Communities" initiative in which employees at Deere units around the world organized volunteer projects to benefit their local cities and towns. This initiative alone accounted for more than 17,000 volunteer hours.
 
"Serving our Communities" involved 5,300 employees at 40 Deere locations. Projects included packaging meals and collecting cans of food for local foodbanks, planting gardens at local schools, packing backpacks with school supplies for at-risk children, and helping farmers in developing countries be more productive. Employees at other locations built houses through Habitat for Humanity, renovated schools, and picked up litter along a beach.
 
Deere's citizenship efforts include a robust global volunteer program that includes salary and wage employees as well as grants from the John Deere Foundation and corporate contributions made mostly in communities where John Deere has company facilities.
 
"Our employees take an active role in helping develop the communities where they live and work," said Sam Allen, chairman and chief executive officer. "Through these volunteer efforts and our philanthropic contributions, we can positively impact the living standards of people across the globe."
 
In total, Deere and its Foundation provided grants and contributions totaling more than $31 million in fiscal year 2016, said Mara Sovey Downing, director, global brand management and corporate citizenship, and president of the John Deere Foundation.
 
Downing said the company's citizenship activities helped improve the lives of more than 18 million people across the globe. Overall, Deere's citizenship efforts focus on three important areas - long-term solutions for world hunger, education, and community development. Deere remains committed to investing annually in civic initiatives and has established a goal to reach one million volunteer hours recorded annually by employees.
 
In 2016, John Deere was named as one of America's Top 100 Corporate Citizens by Forbes magazine and the nonprofit organization Just Capital.
 
Source : John Deere

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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.