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Right to Repair Provisions in NDAA Remain a Threat to Equipment Dealers

Traditionally, Associated Equipment Distributors (AED) and the broader equipment industry wouldn’t focus much attention on the National Defense Authorization Act (NDAA). The NDAA sets military and defense priorities and policies, authorizes funding levels, and is one of the few bills that Congress passes year-after-year. Since 1961, Congress has passed an NDAA every year.

AED’s awareness was heightened last year, when Sen. Elizabeth Warren (D-Mass.) and others attempted to include “right to repair” mandates under the guise of military preparedness. While unsuccessful, due in part to the efforts of AED, in the current Congress, right to repair amendments have been attached to both the House and Senate versions of NDAA. AED remains opposed to the current language in both NDAA’s and we encourage equipment dealers to join our efforts.

Earlier this month, the House Armed Services Committee adopted an amendment by Rep. Maggie Goodlander (D-N.H.) prohibiting the Department of Defense from entering into major weapon systems contracts unless, “the contractor agrees in writing to provide fair and reasonable access to all the repair materials, including parts, tools, and information, used by the manufacturer or provider or their authorized repair providers to diagnose, analyze, maintain, or repair the good or service.” The “fair and reasonable” language will be familiar to anyone encountering right to repair legislation at the state level. In fact, the amendment’s definition of “fair and reasonable access” imitates the awful language attempting to impose right to repair mandates on agriculture equipment and other machinery.

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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!