According to the minutes from the Jan. 28-29 policy meeting, the current high level of uncertainty made it appropriate for the committee to be careful in its approach to additional adjustments.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we dive into the results of the 12th annual Precision Farming Dealer Benchmark Study.
According to the Association of Equipment Manufacturers (AEM), North American retail sales for agricultural equipment saw significant declines in January, particularly in larger tractor segments and combines.
The USDA updated its global supply and demand estimates for 2024/25, with U.S. ending stocks for corn, soybeans, and wheat slightly above or below consensus.
USDA's Economic Research Service forecasts inflation-adjusted U.S. net cash farm income (NCFI), defined as gross cash income minus cash expenses, to increase by $30.6 billion (18.8%) from 2024 to $193.7 billion in 2025.
According to the latest Dealer Sentiments & Business Conditions update, new equipment inventory levels remained elevated in December with a net 65% dealers reporting inventories too high vs. a net 78% reporting inventories too high the prior month.
While precision farming sales and service revenue was down on average in 2024, most dealers are optimistic they’ll bounce back this year according to the 12th annual Precision Farming Dealer Benchmark Study.
U.S. farmers retained their post-election optimistic outlook at the start of the new year as the January Purdue University-CME Group Ag Economy Barometer Index rose 5 points above a month earlier to a reading of 141.
In this episode of On the Record, brought to you by Associated Equipment Distributors, Jason Webster, commercial agronomist with PTI Farm, breaks the results of PTI Farm’s 2024 HIgh Speed Planting Corn Study.
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.
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