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A.J. Sackett and Sons and Waconia Manufacturing Join Forces

 
From Sackett-Waconia News Release.            www.sackettwaconia.com
 
Since 1995 A.J. Sackett and Sons and Waconia Manufacturing have been linked as partners and leaders in providing engineering and equipment to the fertilizer industry. As of January 1st 2017, the two Companies, under the same ownership, consolidated further by aligning their sales force and product lines. The two fertilizer industry frontrunners will become Sackett-Waconia.
 
A.J. Sackett and Sons, founded in 1897, and Waconia Manufacturing, founded in 1959, have sold equipment in 65 countries and 50 states. By consolidating, they combine 180 years of industry leading innovation, sales and manufacturing experience in fertilizer equipment and systems design. "The combination of Sackett-Waconia is not only the right thing to do; it's the smart thing to do for our Customers, our Employees and our Industry. Together we offer strong engineering capabilities and expanded product lines, while capitalizing on our customer focus, integrity, and desire to be the best at what we do," said Larry Taylor, Sackett-Waconia CEO.
 
Sackett-Waconia employs 200 people between their four U.S. locations in Baltimore, MD, Waconia, MN, Norwood Young America, MN and Wilson, NC, plus a fifth location in Araxá, Brazil. Sackett-Waconia has sold equipment to thousands of fertilizer plants and enjoys a world-wide reputation for quality and customer service. Combining the Companies will streamline engineering, product design, customer service and support efficient equipment fabrication. Sackett-Waconia promotes environmentally friendly Precision Fertilizer Blending® technologies which focus on the 4R Nutrient Stewardship concept of getting the right nutrients to the right crops at the right time and rate.
 
 
Source : Sackett Waconia

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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.
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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.
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