Industry News

Art's Way Manufacturing Revenues Decline in 3Q15

Chairman of the Art's Way board of directors, Marc H. McConnell commented on the quarter saying, "Our third fiscal quarter of 2015 was challenging to say the least. Several of our business units are experiencing poor market conditions, but most notably in our agricultural products segment.
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Rabobank: Consolidation Will Help Original Equipment Manufacturers Improve Efficiency and Grow

After several years of rising row crop prices, a perfect storm of high crop production (in excess of demand), a sharp correction in grain values and contracting farmer margins in mid-2014 has resulted in declining sales of agricultural equipment sales. This trend is expected to continue through 2017, according to Rabobank's recent report, 'Contraction Today, Consolidation Tomorrow?"
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Crop Progress Report

U.S. Corn, Soybean Harvest Underway

Today, USDA released its Crop Progress report for Sept. 27, 2015. According to the latest data, both corn and soybean harvest is underway in each of the 18 states that harvested 94% of corn acreage and 92% of soybean acreage in 2014.
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