Abundant crop insurance shielded farmers income from much of the impact of this summer's record drought across the Midwest and Mid-South, according to the latest Agricultural Finance Monitor released by the Federal Reserve Bank of St. Louis.
CrescoAg Corp. (CrescoAg) and Raytheon Co. (Raytheon) have entered into an exclusive agreement to develop a new generation of agricultural technologies and analytics designed to help agriculture producers increase productivity and manage their operations more efficiently.
DuPont Pioneer, the agricultural seed unit of DuPont, said Friday that it has aligned with farm machinery company Deere & Co in a race against rival Monsanto Co to provide farmers with enhanced "precision agriculture" analyses aimed at maximizing crop production (Reuters).
Jerkins Creative Consulting has been a leader in training equipment dealerships for 20 years and now they have brought their training to clients online through the new JCC On Line Learning Center.
In 2007, 56.6 million farmland acres were irrigated across the United States. About 16.6 percent of U.S. harvested cropland acres were irrigated, while only 1.2 percent of pastureland acres were irrigated. Nearly three-quarters of U.S. irrigated agriculture occurred in the 17 contiguous Western States, including 73 percent of harvested irrigated cropland and 94 percent of irrigated pastureland.
Yesterday, the Assn. of Equipment Manufacturers reported North American unit sales in October rose for all equipment classes. Row-crop tractor sales increased 34%, combines were up 40%, four-wheel drive tractors sales grew by 33%, small tractors sales rose 25% and utility tractors sales increased by 17%.
Four of the last six months (through September), dealers are reporting that their equipment suppliers are offering more incentives to move wholegoods and parts than they did during the previous year.
A few years ago, Elite Ag Solutions, in Warren, Ind., purchased a Kubota RTV and retrofitted the vehicle with a variety of Trimble's precision farming features, including swath control, variable rate application and auto-steer, to make it a mobile demonstration unit.
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.