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2018 New Holland Dealer Meeting Slated for January 25 - 26

 
New Holland North America’s dealership owners will converge on Orlando, Fla. in January 2018 for a two-day deep dive into the latest updates to New Holland’s award-winning product lineup. Recognizing the changing needs of agriculture and construction customers, the theme of the 2018 New Holland Dealer Meeting is Shift to the Future. Throughout the two days, CNH Industrial company leadership, New Holland brand leadership and their partners in the dealer network will work together to explore the areas in which the brand intends to strengthen its market representation in 2018. 
 
“I always look forward to opportunities to work with our dealers face-to-face,” said Bret Lieberman, Vice President for New Holland North America. “My team is excited to host a majority of the dealer body for meaningful discussions during the meeting. From haytools to tractors, combines to light construction, grape harvesters to crop production, no part of New Holland’s full line offering will be left off the table. We look forward to working with our dealer partners to strengthen our relationship and grow the New Holland brand”. 
 
The general sessions, hosted by company leaders Richard Tobin, CEO of CNH Industrial; Carlo Lambro, New Holland Brand President; and Bret Lieberman, Vice President for New Holland North America, will speak to the brand’s strong leadership provided by the CNH Industrial global presence, and the mission and vision for the North American business, respectively. Leandro Lecheta, CNH Industrial’s newly appointed COO for the North American Region (NAFTA), and Luc Billiet, CNH Industrial’s President of Parts & Service, will also be in attendance, taking the opportunity to work face-to-face with the North American New Holland dealer network. 
 
Breakout sessions to work on more detailed topics such as Precision Land Management, upcoming product launches, marketing, parts & service support and CNH Industrial Capital financial products, and more are scheduled during the event.
 
Source : New Holland

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Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”

Video: Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”


After a week of a U.S./China trade truce, markets/trade is skeptical that we have not seen a signed agreement nor heard much from China or seen any details. There are rumors that China is buying soybean futures & not the physical. Trust in Trump?
12 MMT of U.S. soybean purchases by China by year-end is better than 0 but we all need to give it more time and give it a chance to unfold. China did lower the tariffs on Ag and is buying U.S. wheat and sorghum.
U.S. supreme court could rule against Trumps tariffs, but the Trump administration does have a plan B.
U.S. government shutdown is now the longest in history at 38 days.
But despite a U.S. government shutdown we will be getting a USDA November crop report next Friday and it could be “game changing.” If the USDA provides a bullish surprise with lower U.S. corn and soybean yields and ending stocks that are lower than expected both corn and soybean futures will break out above their ceilings at $4.35/bu and $11.35/bu respectively.
The funds continued their selling in live and feeder cattle futures on continued fears that the Trump administration want to lower U.S. beef prices. The fundamentals have not changed, only market psychology has.
Stocks markets continue to worry about a weak U.S. job market, but you can blame ChatGPT for that. In the future, we will have a more efficient, productive and growing economy with a higher unemployment rate until we have more skilled AI workers.
After 34 new record highs in the S & P 500 and 124 new records in the NASDAQ in 2025 we are back to a correction and investor profit taking as AI valuations may have gotten too stretched near-term ahead of NVDA’s 3rd quarter earnings announcement on Nov. 19th. But this is not an AI bubble.
75% of Tesla shareholders approved a $1 trillion pay package for Elon Musk!
It has rained in South America in the last 7 days, but both the American and European models agree that Central Brazil remains dry in the next 14-days!