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John Deere invests in new test lab at Iowa State University

 
Deere & Company plans to construct a new 33,000-square-foot facility at the Iowa State University (ISU) Research Park as a design and test lab for agricultural spraying and applications technology.
 
"As a leader in precision agriculture, John Deere is focused on providing customers with innovative, high quality products and services," said Aaron Wetzel, Deere's vice president of the global crop care platform at John Deere. "Our customers will benefit from this investment as the spray lab is expected to enhance product design and improve our development cycle."
 
Wetzel said the new test center will allow increased collaboration with ISU faculty and students. In 2017, Deere opened a strategic technology innovation center in the ISU Research Park to collaborate with the company's business units and complement John Deere's global network of technology and innovation centers. Some employees from that center will be located in the new building when it is completed.
 
Wendy Wintersteen, President of Iowa State University, said, "We are thrilled that John Deere continues to recognize Iowa State's exceptional return on investment. The plans announced today for the ISU Research Park will enhance John Deere's access to our expertise, research and development opportunities and to ISU's student workforce."
The facility is expected to be completed by summer 2019 and is contingent on final due diligence as well as required approvals and incentives that are typically available for projects of this nature.
 
Deere has recently expanded its leadership in crop care technologies and acquired several companies that offer innovative spraying technologies for agriculture customers around the world.
 
Source : John Deere

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2025 USDA December Crop Report a “Dud” + Trump $12 Billion U.S. Farm Aid

Video: 2025 USDA December Crop Report a “Dud” + Trump $12 Billion U.S. Farm Aid


The USDA December crop report was friendly corn, neutral soybeans and bearish wheat. The USDA did surprise and increase the 25/26 U.S. corn export forecast to a new record high at 3.2 billion bushels now up 12% vs. last year vs. prior at +9% vs. the export pace to date up 30% the best in 10 years even higher than 20/21! The USDA left the 25/26 U.S. soybean export pace unchanged at 1.635 billion bushels. Higher global wheat supplies will remain a weight and headwind for wheat into year end and start of 2026.
Mexico is now the #1 buyer of U.S. corn, soybeans (usually China), wheat and pork!
USDA also released its long-term early projections but expect more changes by February of 2026.
Trump announces a $12 billion U.S. farmer aid package to be paid out by February 28, 2026. This helps no one but the ag banks, farm equipment companies, seed and fertilizer companies. It does prevent more farmer bushels from being sold near-term but is not bullish grain prices long-term. The Trump administration should focus on increasing U.S. domestic demand and propping up grain futures so farmers can cover their higher costs, up since COVID of 2020.
The China U.S. soybean purchase tracker now stands at 4.521 mmt or 38% of the 12 mmt promised by China at year end or is it end of February or the growing season? Why the discrepancy vs. the fact sheet. The optics are poor for the Trump administration.
After surging to contract highs U.S. natural gas futures plunged over 30+% in just 5-trading days!
Silver traded to new record highs as the debasement and de dollarization trade continued but technicals remain overbought near-term.
Soybean futures remained in correction mode after the funds went record long futures on Nov. 19 +233,000 contracts but the $10.80 support should hold into year end when the fund profit taking/liquidation comes to an end from the year end, end of month and end of quarter selling.
The U.S. Fed cut interest rates for the 3rd time by 25 basis points to a range of 3.50 – 3.75% and they will only cut one more time in 2026 and once in 20267/ but when Powell is gone next April the replacement is willing to cut more aggressively and we could see U.S. interest rates fall to 2.0% very bullish for ag and stocks as it could reignite inflation into 2027.
After 2 months of being drier than normal in Brazil the rains have finally arrived for the 1st half of December, and a record crop is still in the cards but if this pattern continues and verifies it could start to delay the harvest. Argentina after being too wet has turned dry but they are too small, compared top Brazil in the grand picture.
The Canadian dollar surged to $0.73 after better-than-expected employment data with 180,000 new jobs in the past 3-months and 3rd quarter GDP at +2.6% but this could be short-lived.
The latest CFTC report as of 11-19-2025 reported a record long fund position in soybeans at +233,000 contracts when 2026 March soybean futures peaked on 11-19-25 at $11.724/bu.