USDA's crop progress report for the week ended May 1 reported 14% of corn crops planted, a little more than a quarter of the 42% reported planted by this time in 2021.
The March 31, 2022, Prospective Plantings report from USDA forecasts planted corn acreage in 2022 at 89.5 million acres, down 4% of 3.87 million acres from 2021.
Agriculture Secretary Tom Vilsack announced plans to increase capacity at the Port of Oakland in Oakland, California and improve service for shippers of U.S. grown agricultural commodities.
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In this episode of On the Record we take a look at AGCO's recently introduced Transformational Assessment Process (TAP) for its North American production ag dealers. In the Technology Corner, Michaela Paukner examines how CNH Industrial and John Deere's tech stacks compare. Also in this episode, the latest earnings reports from Deere & Co. and Kubota.