Walmart lifts full-year sales and profit forecast, shares rally
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Deere cuts 2024 profit forecast as falling crop prices squeezes demand
The world's largest farm equipment maker said it now expects fiscal 2024 net income of about $7 billion, compared with its prior forecast of $7.50 billion to $7.75 billion. The U.S. Department of Agriculture has forecast net farm income to slide 25.5% to $116.1 billion this year from 2023, as corn and soy prices plummeted to more than three-year lows. Higher interest rates have added to the squeeze for farmers, leaving equipment dealers with bloated inventories and forcing companies like Deere...
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Weather forecast - May 19, 2024
Highs on Sunday will again be in the high 80s before dropping a few degrees on Monday and Tuesday. Rain is expected overnight on Saturday night, with periods of rain possible on Sunday and Monday.
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Weather forecast - May 17, 2024
Staff report. GAINESVILLE, Fla. – Temperatures will stay hot on Friday and Saturday, with no rain in the forecast on Friday. Advertisement.