American farmers and agribusinesses receive just 11.6 cents of every dollar spent on food in the U.S., according to recent analysis from the U.S. Department of Agriculture (USDA).
Source: Larry Stalcup, Contributing Writer, Delta Farm Press
Dollar-plus cotton, beans near the teens, corn pushing $5.50 or higher and $7- to $8-wheat have many growers ready and willing to pay more for good used equipment — if they can find it.
Source: Bruce Blythe, Business Editor, Drovers Cattle Network
High crop prices and tight global grain supplies fuel a bullish outlook for the agricultural economy next year, signaling a windfall for makers of farm equipment, fertilizer and animal feed.
When farmers' income is up and debt generally low, farmers invest in new equipment. And right now, farmers in the U.S. and around much of the world are enjoying boom times.
Due to the rising prices of raw materials, CGS Tyres has decided to increase the prices for all of its products in all markets including Europe and North America by 7.5 percent to 10 percent.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take a look at how the flooding in Texas will impact the ag industry and check in with some dealers in the region.
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.