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AGCO Awarded U.S. Communities Contract Based on Brand Reputation, Competitive Pricing and National Dealer Coverage

 
AGCO Corporation, a worldwide manufacturer and distributor of agricultural equipment, is pleased to announce it has been awarded a three-year cooperative contract with two additional one-year renewal options with the U.S. Communities Government Purchasing Alliance. The award covers the Massey Ferguson® and Challenger® tractors, and includes the complete AGCO catalog. AGCO was selected for the U.S.-based contract due in part to its high brand recognition for the Massey Ferguson and Challenger product lines, competitive pricing, and reputable national dealer coverage.
 
The U.S. Communities program is a national government purchasing alliance that aggregates the purchasing power of public agencies nationwide.
 
“This contract means AGCO will be able to provide value to more than 70,000 public and non-profit agencies at the state and local level, such as school districts and universities, or city, municipal and county governments,” said Korey Maryland, the North American government sales manager at AGCO. “These entities will not only benefit from streamlined, efficient access to reliable equipment, but also cost savings, convenience and maximum production levels.”
 
The U.S. Communities’ competitive solicitation process uses a lead public agency model which enables agencies to purchase through U.S. Communities’ contracts without going out to bid. The no-fee program typically results in time and money savings for the agency.
 
“AGCO’s team looks forward to improving communities across the country as part of this contract. We are honored to provide superior service and products to meet the growing needs of departments. This contract allows us to efficiently and effectively support needed infrastructure updates and maintenance on everything from parks and recreation to streets and road sides,” Maryland said. “Together, we can better communities nationwide and strengthen quality of life for people in those communities.”
 
Source : AGCO

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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!