Kinze Manufacturing announced today that the company will not increase its product prices on the majority of its products for the 2010 season, due to a number of economic factors and successful improvements within its manufacturing and purchasing processes.
AGCO Corp. said that third-quarter earnings fell 90% as lower commodity prices and tight credit in some fast-growing markets weighed on sales of its tractors and harvesters.
Higher inputs and lower prices for corn and soybeans will likely strain farm profitability in 2009, according to Univ. of Illinois economist Gary Schnitkey. At the same time, Schnitkey expects net operator returns for 2010 will rise from 2009 levels to $94 per acre for corn and $84 per acre for soybeans.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at President Trump's tariff reduction on ag equipment, the latest dealer sales forecasts, and how high input costs are keeping farmer sentiment down.
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.