The American Farm Bureau Federation (AFBF) and Deere & Co., one of the world's largest manufacturers of farming equipment, signed a Memorandum of Understanding (MoU) that will allow farmers to repair their own farm equipment.
David Gilmore, a senior vice president at Deere & Co., says the MoU will help farmers get equipment back in the field quickly following a breakdown.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.