"The size of corn heads today is scary," says Marion Calmer, CEO of Calmer Corn Heads. "But these guys are packing enough money and acres that it just doesn't bother them to order a corn head that's $200,000, run it for 3 years and then turn around and buy another one."
Calmer Corn Heads founder Marion Calmer had not one, but two, sets of "dark days" before making the decision to hang out his own shingle. On two occasions, he had contracts inked with major-lines, expecting to see his single-chain corn head mass-produced by the majors.
Source: Wes Nelson, USDA Farm Service Agency for the West Central Tribune
With input costs increasing, farmers are always looking for ways to be more efficient in the use of inputs. In recent years, increased efficiency has been made possible through the adoption of modern precision technologies that use information gathered during field operations to calibrate the application of seed, fertilizer, herbicides and insecticides.
Yesterday, USDA reported 51% of the corn crop is in "good" or "excellent" condition, down from last week's 53% and last year's 68%. Soybean conditions also slipped to 53% in "good" or "excellent" condition, down from last week's 56% and last year's 63%
More North American farm equipment dealers see the production of ethanol from corn as a bigger benefit for the agricultural industry than it is to the economy as a whole.
This afternoon, USDA released its weekly crop report and overall crop conditions continue to deteriorate as weather in various ag regions remains tough on yields.
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.
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