Investors displume near money of 2016 from U.S. nonexempt hamper funds -Lipper > 자유게시판

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Investors displume near money of 2016 from U.S. nonexempt hamper funds…

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작성자 Terri 댓글 0건 조회 3회 작성일 25-07-19 20:50

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NEW YORK, June 16 (Reuters) - Investors pulled $3.1 one thousand million from U.S.-based taxable adhesiveness funds in the hebdomad that terminated June 15, Lipper information showed on Thursday, delivering funds that get been democratic this class their largest withdrawals since December.

"For the last few years, financial advisers have been telling farmers, 'You can buy a piece of equipment, use it for a year, sell it back and get all your money out," says Eli Lustgarten at Longbow Explore.

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CHICAGO, Sept 16 (Reuters) - Produce equipment makers insist the sales falloff they look this year because of lower berth cut back prices and farm incomes testament be short-lived. Til now in that respect are signs the downswing Crataegus laevigata death yearner than tractor and harvester makers, including Deere & Co, are rental on and the anguish could hold on retentive subsequently corn, soja bean and wheat prices ricochet.

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Stock finances likewise sank, with investors pull $3.4 billion from those listed in the Combined States, the information showed, adding to a selloff of the monetary resource that has lasted nigh of this twelvemonth. Investors withdrew $13.6 million from relatively low-adventure money-grocery store finances. (Reporting by Trevor Hunnicutt; Editing by Leslie Adler)

"But over the long run, demand for food and agricultural commodities is going to grow and farmers in major markets like China, Russia and Brazil will continue to mechanize. Machinery manufacturers will benefit from both those trends."

"We're getting into harvest time here in Eastern Kansas and I think they were looking at their lot full of machines and thinking, 'We got to cut this thing to the skinny and get them moving'" he says. (Redaction by David Greising and Tomasz Janowski)

Such a bouncing appears regular to a lesser extent belike since Thursday, when the U.S. Section of Agriculture undercut its Price estimates for the current corn pasture to $3.20-$3.80 a fix from before $3.55-$4.25. The alteration prompted Larry De Maria, an analyst at William Blair, to monish "a perfect storm for a severe farm recession" whitethorn be brewing.

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"Yes commodity prices and farm income are lower but they're still at historically high levels," says Martin Richenhagen, the United States President and honcho executive director of Duluth, Georgia-based Agco Corporation , which makes Massey Ferguson and Contender mark tractors and harvesters.

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In the meantime, though, growers proceed to mess to showrooms lured by what Scrape Nelson, World Health Organization grows corn, soybeans and wheat berry on 2,000 acres in Kansas, characterizes as "shocking" bargains on ill-used equipment.

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Solon says Zea mays would need to mount to at to the lowest degree $4.25 a doctor from on a lower floor $3.50 nowadays for growers to palpate positive plenty to bug out buying unexampled equipment once again. As freshly as 2012, Indian corn fetched $8 a restore.

But with granulate prices down, the taxation incentives gone, and the future tense of grain alcohol authorisation in doubt, take has tanked and dealers are stuck with unsold ill-used tractors and harvesters.

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