Claas Receives Gold Recognition

Jul 19, 2016

From Claas News, www.claasofamerica.com

CLAAS of America recently received Gold Level Recognition in the the Equipment Dealers Association’s (EDA) 2016 Dealer-Manufacturer Relations Survey Report.

The annual report highlights the results of a 2,300-participant survey about the relationship between dealers and their suppliers.

The EDA asked equipment dealers to rate up to seven manufacturer lines based on 12 criteria related to operations and support. Only manufacturers who received the minimum number of ratings are included in the final survey results. CLAAS was one of the companies that received Gold Level Recognition in the “Shortline Manufacturer” category. Collectively, 27 companies for all categories were recognized as Gold Level.

“We’re very honored to receive this recognition,” said Eric Raby, CLAAS of America President & General Manager – Sales. “Certainly our products and processes put us in a very positive position in the marketplace, but we place a priority on building close relationships with dealers. Without our dealer partners, the best products and processes won’t get us very far, so the positive feedback received for this recognition indicates that we are delivering value to our distribution.”

CLAAS continues to grow both its product portfolio and its distribution network that support the brand’s expansion roadmap in North America.

Source : Claas

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!

Recent fires ravage Ontario wheat fields

Monsanto rejects Bayer’s latest acquisition attempt