News
Net Income Drops 17% for CNH Industrial
Published Yesterday
CNH Industrial reports net income of $402 million in the first quarter. That compares to $486 million in the same quarter last year. In North America, the lower horsepower tractor sales volumes were down 15 percent. The sales for tractors…Corteva Net Income Declines
Published Yesterday
Corteva's net income was down 30 percent in its most recent quarter, dropping to $419 million. Overall sales were down eight percent. Net sales declined 20 percent in crop protection and grew two percent in seed.Syngenta Sales Down 20% in First Quarter
Published Yesterday
The Syngenta Group had first-quarter sales of $7.4 billion, down $1.8 billion from the first quarter of 2023. Sales have continued to be impacted by destocking in the crop protection sector as distributors and retailers further reduced inventories. Crop Protection…Turner Moves to Pivot Bio
Published Yesterday
Pivot Bio has named Chris Turner as its Chief Commercial Officer. Previously, Turner was the head of the U.S. Crop Science division for Bayer.Environment Bill Moves to the MN Senate
Published Yesterday
The Minnesota House passed the environment and natural resources supplemental policy and finance bill with a 68-63 vote. For agriculture, it calls for an Environmental Impact Statement for livestock operations with more than 10,000 animal units. There's also a provision…Bean to Serve Beet/Cane Industries
Published Yesterday
Casey Bean has joined the American Sugar Alliance as its trade consultant. Most recently, Bean served as an agricultural counselor with the Senior Foreign Service at the U.S. Embassy in Bogota, Colombia.NCBA Promotes Johannes
Published Yesterday
The National Cattlemen's Beef Association has promoted Sigrid Johannes to senior director of government affairs. With the promotion, Johannes will take on responsibilities for lab-grown meat, cattle health and welfare, food safety and animal disease traceability.Valmont Reports 1Q Results
Published Yesterday
For Valmont Industries' first quarter, net sales declined eight percent to $1 billion with operating income up 11 percent at nearly $132 million. The ag business segment, which includes irrigation equipment, had sales of $259 million, down 22 percent year-over-year.Farm Bill Will Require Bipartisan Cooperation
Published May 2, 2024
National Farmers Union Vice President of Advocacy Mike Stranz says that if a Farm Bill is going to get passed any time soon it will have to be a bipartisan effort. "What we've seen from the House is that whenever…