Industry Insider

Special Report: Weather

Weather Patterns Affect Farmers' Equipment Purchasing Decisions

According to a recent survey of U.S. farmers, two-thirds of them believe the weather is becoming more volatile throughout the major growing regions of the U.S. As a result, some farmers are purchasing equipment they believe will help them adapt to the changing weather patterns. At the same time, some farmers say they delayed equipment purchases due to the drought this year.
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Ag Equipment Intelligence

Claas Vying for #3 Spot in North American Combine Sales

Having recorded four years of buoyant annual growth, executives at Claas in Germany are confident that its Omaha, Neb.-based operation will continue to capture a growing share of the North American combine market and are looking ahead to the day production will need to expand to meet demand.
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Ag Equipment Intelligence

Forecasted Corn Yield Lowest Since 1995-96

While opinions vary on the impact the drought will have on farm equipment sales for the rest of this year and next, most analysts agree the lower yields will result in higher commodity prices. This combined with the wider use of crop insurance is likely to blunt a major falloff in ag machinery sales in 2013.
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