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Despite concerns over rising costs and current economic challenges in agriculture, the market for used equipment remains strong, particularly for older, simpler models.
The International Monetary Fund (IMF) warned that wars, trade tensions, high debt and low growth threaten to prolong a lackluster economic era.
Grains reverse to close higher Thursday as Darin Newsom with Barchart says end user or commercial buying stepped in. He says there is strong demand for corn in soybeans at current price levels which is a bullish sign.
Grain markets took out the previous day’s low but managed to recover and take out the previous day’s high, which may offer a technical tailwind for prices into the weekend.
This represents the first-ever large-scale alcohol-to-jet project to receive such a commitment from DOE and aligns with the growing demand for sustainable aviation fuel (SAF) and the aviation industry’s efforts to reduce its carbon footprint.
Companies are rolling out autonomous capabilities today with the goal of eventual full autonomy in the future.