Articles Tagged with ''usda''

Ag Equipment Intelligence

January WASDE Viewed as a ‘Positive’ for Ag Equipment

In his annual message, John Deere’s Chairman, Sam Allen, described the company’s long-term prospects as “bullish,” but added, “We don’t mean to minimize the challenges we’re facing at the present time … there are signs that some of our key markets may be approaching a bottom, but we are not anticipating a turnaround in 2017.”
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USDA Releases New Report on Lifecycle Greenhouse Gas Balance of Ethanol

Analysis finds that U.S. corn-based ethanol reduces greenhouse gas emissions by 43% compared to gasoline, with additional benefits projected through 2022.
Agriculture Secretary Tom Vilsack today announced the release of a report studying the lifecycle greenhouse gas (GHG) balance of corn ethanol. The report, A Life-Cycle Analysis of the Greenhouse Gas Emissions of Corn-Based Ethanol, finds that GHG emissions associated with corn-based ethanol in the United States are about 43% lower than gasoline when measured on an energy equivalent basis.
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Ag Exports to Increase by $1 Billion in 2017

Looking for bright spots for U.S. ag industry in the year ahead? Exports may be brightest, according to the latest USDA Outlook for U.S. Agricultural Trade, which is forecasting growing exports of dairy, livestock and grains, according to the latest USDA Outlook.
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After Falling in 2016, U.S. Farm Net Income Expected to Begin Rising in 2017

USDA released its Agricultural Projections to 2025 this past week. If the current outlook holds, it could be good news for farm equipment dealers. According to the report, farm net income, which ultimately determines if farmers will invest in capital expenditures (equipment, buildings, etc.), will bottom out in 2016 and begin a gradual rise for the next decade. In all likelihood, it will not reach the levels seen in 2013 and 2014, but it will be an improvement vs. 2015 and 2016.
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Crop Progress Report

Harvest is Underway for Both Corn and Soybeans

As of Sept. 18, 93% of U.S. corn acres were in the dented stage. This compares with 92% on this date a year ago, 87% a week earlier and the 5-year average of 91%, according to USDA. At this point 53% of corn is considered “mature.” This is up from 33% last week, 48% last year and the 5-year average of 48%.


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