Deere & Company net income down 41% in Q2

05/27/20 6:25 AM By Sara Wyant

Deere & Company reported lower sales and net income for the second quarter, which ended May 3, 2020, but still beat some analysts’ expectations.

Sara Wyant
Editor/Publisher

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Agri-Pulse Open Mic: Jim Sutter, CEO, U.S. Soybean Export Council

This week’s Open Mic guest is Jim Sutter, CEO of the U.S. Soybean Export Council. As trade tensions with China have shifted more of their imports from Brazil, U.S. soybean farmers have successfully diversified their global demand base. Sutter says domestic supplies have higher quality than soybeans from anywhere else in the world and thus prove a better value for customers both in raw beans and in soy products. Sutter says production sustainability is becoming a greater priority in some markets which is a big advantage for U.S. soybean farmers and he sees increases in both global demand and production of oilseeds.

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Agri-Pulse Newsmakers: Dec. 20, 2024: Todd Van Hoose on Farm Credit System, farm economy

The Farm Credit System has experienced many changes in recent decades to better support rural America. Todd Van Hoose, retiring president and CEO of the Farm Credit Council, discussed the viability of lenders in 2025 and looked back at a historic farm bill advocacy push. Christy Seyfert will succeed Van Hoose in January.

Then, The Russell Group’s Jessica Schulken and John Weber from Monument Advocacy discuss the potential impacts of DOGE and what influence RFK Jr. may have on the food and agriculture industries.

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