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AGCO Announces Expansion of Dealer Network

DULUTH, Ga. — AGCO provided an update of distribution news across its North American region. AGCO’s ambitious growth plan in North America is transforming and expanding its dealership network to meet growing farmer demand and ensure comprehensive access and superior customer experiences of its brands and services. Recent news in Mississippi, Nevada and Utah expands farmer access to the company’s popular Fendt and Massey Ferguson brands into these key farming states.

Carter Agri-Systems Expands into Utah

Carter Agri-Systems expanded into multiple locations in Utah as it combined operations with Overson’s Farm Center in January. In addition to their offices in Lund and Winnemucca, Nevada, Carter Agri-Systems now manages the Utah dealership locations in Cedar City, Delta and Richfield – all of which will operate under the Carter Agri-Systems name. This development expands Fendt wholegoods, parts and services into Nevada, providing access to the brand’s award-winning solutions for Silver State farmers and ranchers.

The combination of Carter Agri-Systems and Overson’s Farm Center provides a particularly strong presence for AGCO’s brands across this contiguous area of Nevada and Utah, as both dealerships have strong sales and support histories within their farming communities. Existing staff members were retained to ensure smooth transitions and maintain vital relationships with customers.

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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!