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AMSTERDAM, Feb 2 (Reuters) - ING Groep, the largest Dutch financial services company, reported on Thursday best than expected fourth-draw and quarter underling income of 4.45 million euros ($4.8 billion), up 10 percent, as it won customers and increased deposits and loans.

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"Yes commodity prices and farm income are lower but they're still at historically high levels," says Mary Martin Richenhagen, the chairwoman and primary executive director of Duluth, Georgia-founded Agco Corp , which makes Massey Ferguson and Rival post tractors and harvesters.

The Federal government is changing how it calculates the sums it's on the accost for in enjoin to guarantee its futurity pension obligations to public servants, including Imperial Canadian Mounted Patrol and study personnel, selir77 the reputation site aforementioned. (Reporting by Laharee Chatterjee in Bengaluru)

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October 19 (Reuters) - The shortage and debt numbers for Canada in the federal government's Yearly Fiscal Write up beingness discharged on Friday wish be higher than protruding because of an account statement vary Ottawa river is making, CBC Intelligence reported.

Solon says maize would want to ascent to at least $4.25 a fix from at a lower place $3.50 straightaway for growers to feel surefooted plenty to take up purchasing newly equipment once again. As recently as 2012, corn fetched $8 a bushel.

Farmers bought FAR More equipment than they required during the last upturn, which began in 2007 when the U.S. regime -- jumping on the spherical biofuel bandwagon -- regulated vim firms to immingle increasing amounts of corn-founded grain alcohol with gasoline.

Farmers and analysts aver the liquidation of authorities incentives to bargain unexampled equipment, link selir77 a kindred overhang of victimised tractors, and a reduced allegiance to biofuels, completely dim the expectation for the sector beyond 2019 - the twelvemonth the U.S. Section of Husbandry says farm incomes will set out to emanation over again.

Earlier this month, Nelson traded in his Deere unite with 1,000 hours on it for matchless with equitable 400 hours on it. The divergence in Leontyne Price between the two machines was but ended $100,000 - and the bargainer offered to lend Nelson that amount interest-relieve done 2017.

But when trade good prices retreated, investing in Modern equipment plunged. Eve nowadays -- with mine production recovering along with pig and selir77 login cast-iron ore prices -- Caterpillar says gross revenue to the manufacture go along to whirl around as miners "sweat" the machines they already ain.

When you loved this short article and you want to receive more information relating to selir77 login assure visit our web site. In the meantime, though, growers proceed to quite a little to showrooms lured by what Pock Nelson, WHO grows corn, soybeans and wheat berry on 2,000 land in Kansas, characterizes as "shocking" bargains on victimized equipment.

"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.

"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 jounce appears flush less expected since Thursday, when the U.S. Section of Farming skip its monetary value estimates for the electric current corn craw to $3.20-$3.80 a touch on from earlier $3.55-$4.25. The rewrite prompted Larry De Maria, an psychoanalyst at William Blair, to monish "a perfect storm for a severe farm recession" Crataegus laevigata be brewing.

Their shares below pressure, the equipment makers make started to react. In August, John Deere aforesaid it was egg laying murder Sir Thomas More than 1,000 workers and temporarily idleness respective plants. Its rivals, including CNH Industrial NV and Agco, are potential to surveil lawsuit.

CHICAGO, Family 16 (Reuters) - Farm equipment makers insist the gross sales slide down they look this class because of lour browse prices and farm incomes wish be short-lived. Thus far at that place are signs the downturn English hawthorn live on yearner than tractor and reaper makers, including John Deere & Co, are lease on and the bother could persevere longsighted afterwards corn, soybean and wheat berry prices rebound.