John Deere plans to close two Iowa manufacturing plants, shifting
equipment production to other facilities as part of a broader restructuring of
its manufacturing operations.
1^Deere Plans 2 Iowa Plant Closures
For the near term, this sideways to somewhat lower trend will likely
remain the market's theme until something undeniably bullish arises (like
another bullish Cattle on Feed report or a rally in the fed cash cattle market)
and helps restore the market's confidence.
BCall the Market
An unusually warm, wet fall could delay safe nitrogen applications across
the Midwest, increasing the importance of monitoring soil temperatures before
applying fertilizer. Iowa State University experts say waiting until soils are
50 degrees Fahrenheit and falling, and using nitrification inhibitors, can help
reduce nutrient losses and protect fertilizer investments.
BFall Nitrogen: Wait for 50 and Lower
Saskatchewan-based Monette Farms seeks more time under creditor protection
as the company works to complete farmland sales and restructure $829.5 million
in debt.
7^Monette Farms Asks Court for More Time
Most active soybean futures have traded lower in four of the past five
weeks, and are again sharply lower through the first days of November, but
could the $12.00 level inspire buyers?
@^Technically Speaking
