U.S. exports of agricultural-related machinery totaled more than $8.95 billion in 2010, a gain of more than 12% compared to the previous year, according to the Assn. of Equipment Manufacturers (AEM).
Art’s Way Manufacturing Co. a leading manufacturer and distributor of farm machinery in the U.S. and internationally, announced its financial results for the fiscal year ended November 30, 2010.
USDA forecasts 2011 U.S. net farm income of $94.7 billion, up 20% from its revised 2010 forecast of $79 billion, and 41% above the prior 10 year average of $67.1 billion.
This morning, the USDA issued its monthly update to the supply and demand outlook for the 2010-11 crop year, as well as its monthly crop production report, both of which analysts called “bullish for commodity prices” and near-term farm equipment sales.
Source: Bruce Blythe, Business Editor, Vance Publishing
U.S. corn supplies later this year will be about 6.5% smaller than previously forecast amid strong export and ethanol demand and a disappointing harvest last year, analysts say.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take a look at how the flooding in Texas will impact the ag industry and check in with some dealers in the region.
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.