The leading States in cash receipts for all agricultural commodities are California, Iowa, Texas, Nebraska, and Minnesota. However, the top commodity in each of these States varies.
As of May 6, 2012, 71 percent of the 2012 U.S. corn crop had been planted, compared with an average of 47 percent between 2007 and 2011 and 32 percent in 2011.
Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, today reported financial results for the fiscal first quarter ended April 30, 2012.
Fertilizer prices paid by farmers outpaced the increase in crop prices received by farmers from 2004 to 2008, driven largely by high energy prices and input material costs.
USDA's Prospective Plantings report in March indicated that U.S. farmers intend to reduce the acreage sown to soybeans this year by 1.4% to 73.9 million acres.
Three key features of U.S. agriculture highlight the importance of family farms. First, small family farms (those with less than $250,000 in annual sales) make up 88%% of all U.S. farms.
Relative to crop commodity prices that U.S. farmers received since 1994, agricultural input prices have risen consistently with seed prices almost doubling.
If you were to pay attention only to monthly sales figures from AEM, you would probably come away seeing North American retail sales of tractors and combines slipping during the last few months.
If your farm customers are holding off buying that new piece of equipment because they're concerned about rising costs, you can believe them, especially if you're in Iowa.
The biofuels industry contributed $277.3 billion to the global economy in 2010 according to a new report commissioned by the Global Renewable Fuels Alliance.
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.