Farmers, equipment dealers, equipment makers, agronomists and everyone else associated with agriculture are too busy doing what they’re supposed to be doing.
So far, so good. According to the latest (September 10) report from USDA, agricultural commodity prices are on the rise and look strong for the last quarter of 2010 and going into 2011.
Source: USDA's National Agricultural Statistic Service (NASS)
After setting a record high in 2008, U.S. farm production expenditures decreased by nearly $20 billion in 2009, the first major decline in nearly a quarter century, according to the USDA.
The USDA issued its monthly update to its World Agricultural Supply and Demand Estimates (WASDE) for the 2010-11 crop year and the report is viewed as a positive for the sale of farm machinery.
Yesterday, USDA reported that with 97% of the corn crop now panted, the 2010 crop is off to an outstanding start. Last year at this time, 92% or the corn crop was planted. Over the past 5 years, the planting rate averaged 96% on June 1.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at Compeer Financial and PepsiCo’s pilot program to help lower the cost of strip-till equipment for farmers.
Since 1980, A&I Products has become a leading manufacturer and wholesale distributor of aftermarket replacement parts for the agricultural, turf, and industrial equipment markets. A&I Products' experience and expertise has greatly contributed to the company's reputation as a top supplier of quality, reasonably priced parts. Founded with roots as a small machine shop and repair facility, the company made the transition by manufacturing new parts to replace those that were identified as commonly needing repair. Throughout the 1980s, the company quickly garnered a reputation for offering quality parts at a reasonable price.
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.