Ag Expo: ‘Farmers Haven’t Stopped, Neither Will We’
The virtual show will kick off a year-long approach to providing opportunity for exhibitors and content for farmers.
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Farmers Pull Back Slightly on Plans to Buy Equipment
While farmers remained relatively optimistic about making large capital investments in their operations soon, the survey revealed shifts upward among groups intending to hang onto their equipment a bit longer or reduce purchases.
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Farm Equipment Index Hits Highest Mark Since 2013
The November farm equipment sales index increased to its highest level since December 2013, reflecting improvements in commodity prices, support from the federal government, and historically low interest rates.
Read moreDealer News: Earnings, Acquisitions
Titan saw an overall gain in its ag sales division in the third quarter. A group of dealer associations canceled their joint annual meeting. Acquisitions continue.
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How Did Candidates Influential to Ag Fare?
Fifteen-term incumbent Rep. Collin Peterson (D-Minn.) did not prevail in his race last week, which means the House Ag Committee will no longer be represented by someone hailing from one of the more agriculturally-focused districts in the country.
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Farmers’ Willingness to Invest in Capital Hits Record
Fewer farmers report a reluctance to spend on equipment and more report a likelihood that they will.
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Ag Economist Flinchbaugh Dies
A farmer once said to Flinchbaugh: “I do not agree with a damn thing you said, but the next time you are in town making a speech, I will be here.”
Read moreSales Rise by 9 Percent at Rocky Mountain
Total equipment inventory fell by 29.5 percent in the first nine months of 2020.
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Dealer News: Papé Buys Washington Tractor
Papé Machinery’s Agriculture and Turf division will now have 35 locations on the West Coast.
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COVID Claims Commodity Classic
A virtual event is being planned for the first week in March.
Read moreTrimble Reports Q3 Results
SUNNYVALE, Calif., Nov. 4, 2020 /PRNewswire/ — Trimble Inc. (NASDAQ: TRMB) today announced financial results for the third quarter of 2020. Third Quarter 2020
Read moreDealerNews: Cervus Equipment 3Q Results
CALGARY, Alberta (November 4, 2020) — Cervus Equipment Corporation (“Cervus” or the “Company”) (TSX: CERV) today announced its financial results and
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Ag Barometer Rises to Record High – Improving Financial Conditions
The Purdue University/CME Group Ag Economy Barometer rose 27 points to a reading of 183 in October and set an all-time high for
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Rocky Mountain Dealerships Move to Go Private
CALGARY, ALBERTA, November 2, 2020 — Rocky Mountain Dealerships Inc. (“RME” or the “Company”) (TSX: RME) and 2223890 Alberta Ltd.
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Rocky Mountain Dealerships Reports 3Q 2020 Results
OCTOBER, 30, 2020 CALGARY, Alberta–(BUSINESS WIRE)– Rocky Mountain Dealerships Inc. (TSX: RME, and hereinafter “RME”), Canada’s largest agriculture equipment dealer,
Read moreFarm Bureau Cancels San Diego Convention for Online Only Meeting
The American Farm Bureau Federation recently announced that its 102nd Annual Convention will be held online following the cancelation of all
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EMDA Elects Leadership
Newly elected officers and directors of the Equipment Marketing & Distribution Association (EMDA) for 2020-2021 are: Kent Zimmerman, John Day
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COVID Claims Commodity Classic 2021 In-Person Event
In-Person 2021 Event Will Not Take Place Due to COVID-19 Restrictions ST. LOUIS, MO (October 30, 2020)— Commodity Classic has
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USDA Awards $7 Billion to Farmers in September
Since CFAP 2 enrollment began on September 21, FSA has approved more than 443,000 applications. The top five states for payments are Iowa, Nebraska, Minnesota, Illinois and Kansas.
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Rural Mainstreet Index Rises to Pre-Pandemic Level
Since falling to a record low in April, the Rural Mainstreet Index has increased for six straight months. The farm equipment sales index improved this month, too.
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Borrowing Among Farmers Slows in Q3
Loans for operating expenses increased by 15 percent from last year but were less than the three preceding years.
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Farmers Feel Better About Ag Economy
The capital investment index, which reflects farmers’ willingness to make big purchases, rose to its highest reading in 2020.
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Dealer News
See news about sales in Texas and the western U.S.
Read moreDeere to Expand in Australia, New Zealand
Deere’s business in Australia, New Zealand, Asia, Africa and the Middle East accounts for almost 10 percent of the company’s total revenue.
Read moreCandidates Discuss Farm Policy
In this week’s installment of responses that presidential candidates provided to the American Farm Bureau, they talk farm policy.
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Rural Mainstreet Index Improves for September
The index has risen consistently since bottoming out in April. The farm equipment sales index remains in a recessionary zone.
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USDA Issues $14 Billion in COVID Relief to Farmers
This is the second round of assistance the administration will send to farmers. It distributed $19 billion earlier this year.
Read moreWorld Ag Expo Calls Off 2021
World Ag Expo announced Monday it will not host its outdoor farm show in 2021.
Read moreAg Top-Rated Industry in Gallup Poll
While always among the favorites in this annual survey, agriculture for the first time tops the list of well-like industries. Researchers suggest renewed appreciation because of COVID-19.
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Trump Tweets Good News for Biofuels Industry
Ethanol industry gets a win from Trump administration, but frustrated farmers argue the gesture falls short.
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Low Commodity Prices Add Stress to Tight Farm Budgets
Despite a wind storm tearing through the Midwest and drought conditions in isolated areas, a bumper crop of both corn and soybeans is expected this year.
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New Round of Assistance Expected for Farmers
USDA Chief Sonny Perdue expects to deliver another round of funding to farmers soon through the Coronavirus Food Assistance Program.
Read moreSunbelt Ag Expo Calls It Off
The expo plans to return for its 2021 show and encourages those who would have attended this year to participate through social media.
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Farmer Bankruptcies Rise
About 580 farmers filed for bankruptcy protection during the 12 months ending in June 30. That was 8 percent more than the previous year.
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China Buys Big on Corn, Soybeans
An economist says it is encouraging that despite ongoing political tensions, China has remained an active buyer of U.S. soybeans. With Brazilian supplies running out, China will have to keep coming to the U.S.
Read moreFarm Progress Launches Virtual Show
“We’re going to have what may be the most extensive field demonstration program we’ve ever conducted with corn harvest, tillage, hay and cattle equipment,” says Matt Jungmann, events manager, Farm Progress.
Read moreDangerous Delivery: Seed Packets from China
People in at least seven states have reported receiving packets of seeds in the past few days that are believed to be invasive species from China. If planted, the seeds pose a risk to crops and livestock.
Read moreCOVID-19 May Cost Ethanol Industry $10 Billion
“At one point in late April, more than half of the ethanol industry’s production capacity was shut down,” said RFA CEO Geoff Cooper. “The idling of dozens of ethanol plants reverberated throughout rural America and sent ripple impacts across the farm economy.”
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Hog Farmers Take Big Financial Hit in Pandemic
Hog farmers are seeking congressional action to keep the industry afloat amid the “largest economic hit” it has seen in 30 years.
Read moreBig Exhibitors Pull Out of Big Iron Farm Show
Deere, Case and New Holland have save said they will not exhibit at the show in West Fargo, N.D.
Read moreFarm Progress Launches Virtual Event
Farm Progress announces virtual event that promises “the most extensive field demonstration program we’ve ever conducted …”
Read moreRural Mainstreet Index Rises in July
The farm equipment sales index, while still weak, also made gains.
Read more40th anniversary of the Big Iron Farm Show to be held September 15 – 17
WEST FARGO – The Red River Valley Fair Association and Big Iron Farm Show Committee announced today that the 40th anniversary
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Three Farm Belt States Get Quarter of Relief Money
Iowa, Nebraska and Wisconsin have collected one-fourth of USDA’s corona-virus relief payments. California has the largest average payment.
Read moreProgram to Help Farmers, the Hungry Gets Rocky Start
As of July 1, about 63 percent of the targeted $1.2 billion in food boxes had been delivered.
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June Ag Economy Barometer
Purdue ag economist James Mintert reviews the results from the June 2020 Ag Economy Barometer survey, a nationwide monthly survey
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Farmers Can Use Dicamba, Bayer Settles on Glyphosate
A federal court had upheld EPA’s decision to allow dicamba’s use through July 31.
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U.S. Soybean Prices Rise as China Accelerates Imports
Chinese buying made up roughly 56 percent of all new soybean export sales in the past month. By comparison, Chinese buying made up only 27 percent of U.S. soybean export sales in 2020 through May.
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Farm Workers Hard Hit by Coronavirus
The USDA and Food and Drug Administration said the government could use the Defense Production Act to keep fruit and vegetable lines moving.
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