Hike - Business Clase

Drought and supply chain issues create potato price hike

Ruud Gullit2 years ago05 mins

ABERDEEN, Idaho — Inflation is driving the cost of groceries to record highs, but it’s not the only reason food prices are going up. Many farmers are struggling to grow as much food as they used to. There are environmental and supply chain factors making farming a tougher profession than ever before. But, Idaho potato…

Shares of Farm Equipment Maker Deere Rise on Earnings Beat, Guidance Hike

Ruud Gullit2 years ago05 mins

Deere & Company shares rose over 1% in pre-market trading on Friday after the world’s largest maker of farm equipment reported better-than-expected earnings in the fiscal first quarter and lifted its annual profit forecast. The agricultural, construction and forestry equipment manufacturer said its net sales from equipment operations rose nearly 6% to $8.5 billion, surpassing…