As a result of strong farm financial conditions, the Farm equipment-sales index climbed to 61.4, its highest level since June of last year, and up from 60.4 in December. The index has risen above growth neutral for 24 of the last 26 months.
Read more
Last Friday the EPA and Army Corps of Engineers announced a final rule establishing the definition of “Waters of the United States.” Many farm and ag groups have reacted to the news.
Read more
High commodity prices will propel U.S. net farm income to a record $160.5 billion this year, despite a steep climb in expenses, said the Agriculture Department. Farm income, a gauge of profitability, would be 14% higher than last year and twice as high as three years ago.
Read more
Farmer sentiment was unchanged in November compared to October, with the Ag Economy Barometer Index remaining at 102.
Read moreLawmakers, agriculture groups and farmworker organizations are pushing to pass an overhaul of the farmworker visa program through both chambers of Congress before the GOP takes control of the House next year.
Read more
The American Seed Trade Association (ASTA) and Crop Life America (CLA) have updated their Seed Treatment Stewardship Guide. The guide includes information about planting of treated seeds to minimize the amount of dust-off and implementation of an ISO planting equipment standard to better control dust emissions.
Read more
Unverferth Manufacturing Co. Inc. has announced its Shell Rock, Iowa facility has nearly completed a 75,000-square-foot plant expansion that will add 65 new job openings.
Read moreFarmer sentiment weakened again in October as the Purdue/CME Group Ag Economy Barometer fell to a reading of 102, down 10 points compared to a month earlier.
Read moreHarvest progress is up, but river levels are down. South of St. Louis, parts of the Mississippi River are so low from weeks of drought that barge traffic is being limited.
Read more
President Biden directed the Treasury-led committee that scrutinizes foreign investment in America to consider the national security impact any deals would have on U.S. technological leadership, including biotechnology and “elements of the agricultural industrial base that have implications for food security.”
Read more
Farm Equipment’s second shortline farmer survey found growers continue to purchase shortline equipment based on price, special features and availability.
Read moreThe Russian leader has criticized the agreement that allows exports from Odessa, partly brokered by Turkey, as helping the West at the expense of poorer nations.
Read moreFarmer sentiment improved in August as the Purdue-CME Group Ag Economy Barometer index rose 14 points above its July reading to 117.
Read moreIn a victory for farmers and a loss for the domestic fertilizer industry, the U.S. International Trade Commission has voted against imposing import tariffs on urea ammonium nitrate from Russia and Trinidad and Tobago.
Read moreASABE REVISES STANDARD FOR FARMSTEAD EQUIPMENT SAFETY ST JOSEPH, MICHIGAN— The American Society of Agricultural and Biological Engineers (ASABE) has
Read more
Ag Economy Barometer slides lower, producers concerned about war’s impact on input prices. (Purdue/CME Group Ag Economy Barometer/James Mintert).Download Photo WEST
Read moreAmerican Farm Bureau Federation (AFBF) President Zippy Duvall has commented on the U.S. Supreme Court decision to hear the case
Read moreNew Emergency Livestock Relief benefits to be delivered through two-phased approach; compensation for 2021 forage losses WASHINGTON, March 31, 2022 –
Read more
More than 1 million short tons of fertilizer cross the U.S.-Canada border by truck each year. March, April and May are peak months for fertilizer applications across the northern states.
Read more
It seeks to fund efforts that reduce America’s dependence on imports for fertilizer components while rewarding innovation and sustainability.
Read more
The March farm equipment-sales index showed growth for the 16th consecutive month. This has been the strongest string of monthly readings since spring 2011.
Read moreThe dealership association landscape has shifted this week with the announcement of a new North American Equipment Dealers Association (NAEDA).
Read more
Deere shareholders asked executives during a recent meeting how the company plans to address these challenges.
Read more
More than 40 percent of producers in this month’s survey say that low farm machinery inventories are holding back their investment plans.
Read moreSee dealer new from New York and the deep south.
Read more
Fifty-seven percent of producers who responded said they expect farm input prices to rise by 20 percent or more in 2022; 34 percent said they expect prices to rise by 30 percent or more.
Read moreCombine sales fell hard from January 2020 to this January. Big tractors continue to post double-digit sales growth.
Read moreSee the latest in acquisitions and expansions.
Read more
A bill filed in the U.S. would require all tools and equipment, wireless transmission of repair and diagnostic data, and access to on-board diagnostic systems needed for repairs be made available to the independent repair industry.
Read more
Farmer sentiment weakened in January as the Purdue University/CME Group Ag Economy Barometer declined 6 points to 119, down from
Read more
Bankers overwhelmingly named rising farm input prices as the top threat facing farmers in 2022.
Read moreSee news from Montana, Nebraska, Minnesota.
Read more
A cattle farmer in Alabama filed suit after he allegedly paid more than $600 for a repair that took fewer than three minutes to complete.
Read moreA grain market expert says global circumstances could lead to an all-time high for the corn market this summer.
Read more
Farm equipment sales index readings over the past several months are the strongest string of monthly readings recorded since spring 2011.
Read more
John Deere is illegally monopolizing the U.S. tractor repair industry, according to a class action antitrust lawsuit filed in Chicago federal court last week.
Read moreThe significant new technology in this tractor is the addition of stereo cameras that scan in all directions, combined with cloud-based machine learning and artificial intelligence to understand what the cameras are seeing.
Read moreSales of 4WD tractors in Canada and the U.S. dropped dramatically compared to sales in December 2020. Combine sales in the U.S. continue to post big numbers.
Read moreBerlon Industries, of Hustisford, Wis., has acquired Lowe Manufacturing, a Viola, Wis.-based supplier of auger, trenching and grapple attachments that complement Berlon’s line of buckets and attachments for skid steers and other machines. The deal closed the first week of January 2022.
Read more
Nearly four out of 10 farmers who responded to the survey expect input prices to rise by more than 30 percent in the upcoming year.
Read more
While the indices show economic growth, bankers warned that inflation and rising costs of input and land could hinder rural economies.
Read moreSee the latest in acquisitions among dealers in the eastern U.S.
Read moreStrong sales continue to the 100-plus horsepower tractor category in both Canada and the U.S. Sales of four-wheel drive tractors declined.
Read more
The Farm Capital Investment Index declined, which seems to be a function of supply chain problems as well as concerns about rising input costs.
Read moreA fourth wave of COVID in Germany prompted the decision. The show was expecting 2,000 exhibitors.
Read moreSee the latest in acquisitions and plans to build.
Read moreIn related news, CNH Industrial has entered into an exclusive, multi-year licensing agreement for electrification technologies with Monarch Tractor.
Read more“The combination of our larger base of revenues, healthy inventory position and lean infrastructure has allowed for powerful operating leverage that drove a 109 percent increase in pre-tax income for the quarter,” CEO David Meyer said.
Read more
Readings for farm equipment sales and farmland prices over the last several months represent the strongest consistent growth since 2012.
Read moreFieldin, which helps farmers accelerate data collection, will acquire Midnight Robotics, which retrofits tractors with sensing technologies.
Read more