Rabobank, the global food and agriculture bank, and TELUS Agriculture, global agriculture technology leader, have acquired Conservis, a company that integrates disparate farm technologies into one streamlined interface to manage the business of farming.
Rabobank will transfer the food and agriculture loan portfolio from its California retail banking operation, Rabobank North America, to St. Louis-based Rabo AgriFinance.
When commodity prices fall, farm equipment purchasing is the first area in which farmers reduce spending. In their February report, Rabobank analysts Kenneth Zuckerberg and Sterling Liddell anticipate that commodity prices will stabilize over the next 5 years to near break-even levels.
In their February report, Rabobank analysts Kenneth Zuckerberg and Sterling Liddell anticipate that commodity prices will stabilize over the next 5 years to near break-even levels.
This newscast kicks off with a status update on the tax extender bill impacting Section 179 expensing limits. The bill was approved by the U.S. Senate and House of Representatives and now moves to the President's desk.
Rabobank doesn’t see sales of ag equipment picking up until possibly 2018. In the meantime, one of agriculture’s largest lending institutions thinks the time could be right for some of the bigger farm machinery manufacturers to get together to challenge market leader John Deere.
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The announcement of a partnership between New Holland and Bluewhite was one of the big precision stories of the summer. West Coast New Holland dealers now have the rights to sell, distribute and service Bluewhite’s aftermarket autonomy kits.