The Renewable Fuels Association released its annual 2014 Ethanol Industry Outlook and 2014 Pocket Guide to Ethanol providing an in-depth look at the current state of the ethanol industry at the National Ethanol Conference in Orlando, Fla.
The good news is that the 2013 harvest is in the homestretch. Today, USDA reported that as of November 17, 2013, 91% of corn has been harvested in the top 18 corn producing states. This is ahead of the 5 year average of 86%. At the same time, 95% of the soybean crop has been harvested, which is only one percentage point behind the 5 year average.
From the Renewable Fuels Assn. to the National Corn Growers to the National Farmers Union, reaction was swift today when the Environmental Protection Agency released the proposed 2014 Renewable Fuel Standard (RFS) volumetric requirements. And as you might guess, it was particularly complimentary.
The region’s frost-free September, which gave late-planted crops more time to develop, boosted yields and farmers' gross incomes, area ag officials say.
As of October 20, USDA reports that 94% of corn is mature vs. the 95% 5-year average and 100% at this time last year. Overall, only 39% of U.S. corn had been harvested compared to the 53% 5-year average and 85% in 2012.
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.