Expenses for U.S. farmers rose 0.6 percent last year, rebounding from their first decline since 1986, as fuel and feed costs increased and growers bought more Deere & Co. tractors and CNH Global NV combines.
Today, USDA reported the 2011 corn crop, at 79% emerged, is off to a start that is behind last year’s crop (93%) and the average pace over the last 5 years (90%).
U.S. farmland values continued to climb in the first quarter, with the price of cropland in the heart of the Great Plains rising 20% in the first quarter, the Federal Reserve Bank of Kansas City said Friday.
U.S. corn plantings are about half way to where they were last year at this time, and only two-thirds of the average planting progress of the past 5 years, according to the USDA’s Crop Progress report issued today.
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.