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Viva Argentina!

Viva Argentina!

Argentina is a land of impressive contrasts — from the skyscraping peaks of the Andes to the busy streets of Buenos Aires.

Whether Argentines are mining minerals on a mountainside or serving up dishes in an urban restaurant, a reliable, steady source of electricity is important. And Powgen Diesel's mission is to keep this diverse and vibrant country running without interruption.

Located in Buenos Aires, Powgen Diesel specializes in corporate, marine, and domestic power solutions and has more than three decades of experience manufacturing generator sets, generator plants, motor pumps, and lighting towers. "We focus on ensuring the continuity of daily activities of companies and individuals, and boosting big energy projects in the community," explains Norberto Galarraga, executive director.

Powgen's line of John Deere-powered generator sets ranges from 45 kVA to 180 kVA. While some units are portable prime-power units, a majority are emergency standby generator sets for hotels, hospitals, and other businesses. Nearly half of the gen-sets are customized

Galarraga takes pride in the engineering and technical support Powgen Diesel offers customers through its service department. "Our engineers and technicians are highly trained and have specific experience in the different areas involved in each project," he says. The company also has its own telemetry department that monitors generator sets while they are operating in the field to ensure maximum uptime.

An engine with a simple design that is reliable even in extreme working conditions is something Galarraga can appreciate. Since 1998, he's found these qualities in John Deere diesel engines. "There are a lot of manufacturers of generator sets in Argentina, and we believe that offering John Deere engines gives us a competitive advantage in the marketplace."

John Deere engines have proven themselves in more than 1,000 Powgen generator sets across Argentina over the past two decades. Galarraga recalls a 45-kVA mobile generator powered by a John Deere 4.5L engine working at a high-elevation gold mine in the Andes. "The generator set fell 300 meters (984 feet) down the side of a mountain. The company, Barrick Gold, brought the generator set in for repair, and the engine was still fully operational."

Aligning with a company that has similar values helped forge a strong relationship that spans two decades. "Our company shares many of the same values and principles as John Deere, and that makes it easy to work together," says Galarraga.

Source : John Deere

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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!