The latest USDA Crop Progress report showed 75% of corn mature as of the week ended Sept. 27, 2020. This surpassed both the 39% reported mature in the same week last year and the 5 year average of 65%.
The new investment will expand Geringhoff’s production of combine headers for the harvesting of corn, as well as start the manufacture of a new line of headers for the harvesting of smaller grains such as soybeans and wheat.
USDA is reporting that as of Oct. 8, 82% of corn acres were “mature” and 89% of soybeans were “dropping leaves.” At this point, corn’s progress is lagging last year at this time (92%) and the 5-year average (87%) for this date.
Sydenstricker Nobbe Partners CEO Ted Briscoe says the ownership groups worked together to identify all the core business processes and each shared how they did it, then they picked the processes that made the most sense, were the most scalable and would be most appropriate for the size of the merged business.
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