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Inflation concerns are heating up as fresh data from the Labor Department shows U.S. consumer prices have risen more than 4% over the past year, marking the sharpest increase since 2008.
“We could not have a better way to celebrate our 75th anniversary in North America,” Geraldo Mattioli, SVP North America said in the program announcement.
Wall Street closed lower on Wednesday with the S&P suffering its biggest one-day percentage drop since February, as inflation data fueled concerns over whether interest rate hikes could happen sooner than anticipated.
USDA’s first look at new crop in the May WASDE indicated higher crop prices could start to erode demand. However, USDA points out greater domestic use could help offset the idea of lower exports.
As it continues to develop the core technologies from its acquisitions of SmartAg and Dot, Raven announces its brand for driverless technology going forward.
After a slow start here to planting in portion of Iowa, farmers are now planting the 2021 crop at a record pace. One Rock Rapids, Iowa farmer can’t recall a year he was able to finish this fast.