USDA expects corn plantings to reach nearly 96 million acres in 2012, the highest since 1937, and 4% higher than 2011 acreage. Soybean acres are expected to fall slightly (down 1%) and acres planted to wheat are forecast to rise by 3% in the year ahead vs. last year.
While total 2012-13 U.S. crop receipts are forecast to slip by 4%, total planted acreage is expected to be up by 3.6% for the year, according to the USDA.
According to the November 2011 Ag Equipment Intelligence Dealer Trends & Business Outlook report, farm equipment manufacturers were not as aggressive with their incentives to increase sales in October as they were in November.
The U.S. Agriculture Department bumped up its estimate for 2009 U.S. corn production to a new record on Tuesday, shocking traders who anticipated a decline after a difficult harvest.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take a look at the FTC and USDA’s announcement that they are seeking public comment on farm equipment manufacturing and distribution practices.
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.