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U.S. Crop Conditions Continue to Decline

July 31, 2012 | Posted in Data & Forecasts
Yesterday, USDA released its weekly Crop Progress report that showed that the lack of rain throughout most major agricultural regions continue to negatively impact U.S. crops. For the eighth consecutive week, USDA said that the condition of the U.S. corn crop was worse than it was during the previous week.
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AGCO Reports Second Quarter Results

July 26, 2012 | Posted in Data & Forecasts
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, reported net sales of approximately $2.7 billion for the second quarter of 2012, an increase of approximately 14.1% compared to net sales of $2.4 billion for the second quarter of 2011.
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Forecast & Trends

Is the Ethanol Boom Stalling?

July 23, 2012 | Posted in Data & Forecasts
According to a June report in the Wall Street Journal, Ethanol demand is topping out. The amount used in gasoline is near federal mandates, and gasoline consumption is declining. After 15 straight years of growth, ethanol production this year will fall slightly and will be roughly flat next year, according to the U.S. Energy Information Administration's May forecast.?
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From the Desk of Dave Kanicki

The Effects of the Summer Drought

By Dave Kanicki posted on July 23, 2012 | Posted in Data & Forecasts
Depending on the part of the country where the dealer is located, his or her responses to "How is your business looking?" can differ somewhat, but it's clear that the drought has caught everyone's attention
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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.

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