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.
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.
Montag is the industry’s innovative leader for precise, accurate metering of fertilizer, seed and other nutrients. The Montag system has become the standard for deep banding of fertilizer. Montag is also pioneering the technology for cover crop seed application. The new Cover Crop+ is able to meter the smallest seed, and can be mounted to tillage implements, combines, plus Hagie sprayers and detasselers.
Finance Scope is able to provide the best financing opportunities for equipment dealers and customers through a diverse mix of lending companies under one single platform. Our large group of lenders, allows for competitive rates regardless of credit scores. Additionally, dealers and customers have access to the industry’s best expertise surrounding finance and lease structures, for all purposes, within the agricultural and construction industries. We provide all of this into one online platform to provide our customers with the best available tailored finance solution for their equipment.