In another sign of the times, more ag companies have announced they are making cuts to navigate the economy.
John Deere has told Iowa that it is letting around 100 people go from its Waterloo Works plant come the new year. It is the latest in several layoffs by the company. During their latest earnings report, Deere said demand is down and they will continue adjusting to remain competitive.
Butterball is also handing out pink slips. The company will close its Jonesboro, Arkansas plant, putting nearly 200 people out of work. The plant will close in early February, with production transferred to another facility. Butterball’s CEO says it was a difficult decision, and they will work with afffected employees.
Related Stories
CattleCon 2026 officially kicks off Tuesday and continues through Thursday, bringing producers together to shape the future of the U.S. cattle industry.
Traders say that shift could eventually prompt the USDA to scale back soybean export projections, noting the outlook differs greatly for other grain commodities.
Record milk output looks strong today, but shrinking replacement numbers mean future supply adjustments could be faster and more volatile.
A rapidly intensifying winter storm is expected to develop into a bomb cyclone this weekend, affecting the Southeast, southern Virginia, and potentially parts of the mid‑Atlantic and New England.
Often overlooked, cotton wholesalers act as stabilizers during market stress, translating fragmented retail demand into workable production programs for mills and manufacturers.
Strong blending demand continues to support ethanol use even as production and exports fluctuate.
