Items Tagged with 'WASDE'

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Ag Equipment Intelligence

January WASDE Viewed as a ‘Positive’ for Ag Equipment

In his annual message, John Deere’s Chairman, Sam Allen, described the company’s long-term prospects as “bullish,” but added, “We don’t mean to minimize the challenges we’re facing at the present time … there are signs that some of our key markets may be approaching a bottom, but we are not anticipating a turnaround in 2017.”
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Ag Equipment Intelligence

Firm Dollar Doesn't Help U.S. Ag Outlook

If falling grain prices weren't enough for U.S. agriculture to contend with, a strong dollar could further stunt any hope for growth in the year ahead for American farmers and equipment manufacturers.
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From the Desk of Dave Kanicki: May 14, 2013

First, in its World Agricultural Supply and Demand Estimates (WASDE) report, USDA lowered its price estimates on corn, soybeans and wheat for the 2013 crop, a bearish signal for the industry. Later in the day, the Assn. of Equipment Manufacturers reported that U.S. and Canada tractor and combine sales were up pretty much across the board in March.
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