Deere posts weak first-quarter earnings

MOLINE (AP) — Deere & Co., a manufacturer that faces threats from both ends of a trade war, cited rising costs and anxious farmers as it reported a profit shortfall for the first quarter Friday.

Shares bounced back from sharp premarket declines, however, on a relatively strong outlook, and hopes that tensions with China will recede.

Entertainment listings, Feb. 14-21, 2019


This weekend


What: Honoring the cultures of Indigenous Americans and the wisdom and practices they share with others. This year's events inclue a talk on powwows, an educator workshop, and a family concert of storytelling and traditional teachings.

When:4 p.m. Feb. 14; 9 a.m. and 2 p.m. Feb. 16.

30 acres once owned by Lincoln head to auction

CHARLESTON (AP) — A plot of Illinois farmland once owned by President Abraham Lincoln is heading to auction.

A retired farmer in the central Illinois city of Charleston is selling his family's 590-acre farm, which includes a 30-acre plot once owned by the nation's 16th president.

Top of the Morning, Feb. 11, 2019

The current issue of News-Gazette Media's Central Illinois Business is now available.

Editor Christine Walsh says this issue features stories about entrepreneurs who have found ways to turn their passion into a business venture.

Among the highlights:

Farmers, scientists disagree on impact of wild winter on pests, diseases, fields

With temperatures reaching as low as 17 below during the polar vortex's recent visit, some farmers are hoping that was enough to kill off some of the pests and fungi they have to fight during the growing season.

The Law Q&A | Veto by just 1 landlord enough to kill farm lease

It's that time of year when farm leases soon start up for another 12 months.

What happens if you have more than one landlord owning the ground you lease and only one of them gave you a notice last autumn that your year-to-year lease was not being renewed, but the other landlords told you they are happy to renew the lease for another year?

Entertainment listings, Feb. 7-14, 2019


This weekend


What: Guest speaker is Dr. James C. Harden and performance by Leadership Development Academy. Refreshments will be served. Sponsored by Concerned Citizens of Rantoul. Rescheduled from Jan. 19.

When: 2 to 3:30 p.m. Feb. 9.

Soybeans seem to be getting outsized attention in trade talks

WASHINGTON — Soybeans account for less than 1 percent of all the goods and services the United States sells the rest of the world.

Soybean trade upstages tougher issues in trade talks

WASHINGTON (AP) — Soybeans account for less than 1 percent of all the goods and services the United States sells the rest of the world.

ADM's 4th quarter falls short of expectations

CHICAGO (AP) — Archer Daniels Midland Co. (ADM) on Tuesday reported fourth-quarter profit of $315 million.

The Chicago-based company said it had profit of 56 cents per share. Earnings, adjusted for one-time gains and costs, were 88 cents per share.