Industry Insider

Forecast & Trends

Increases in Crop-Related Production Expenses Should Level Off in 2012

After rapid rises in costs since 2002, total farm production expenses are forecast to rise $12.5 billion (3.9%) this year. This increase is far less than the $35.7 billion (12.5%) growth projected in 2011. The growth in crop-related expenses (seeds, fertilizer, pesticides), livestock-related expenses (feed, livestock/poultry purchases), and fuel and oil expenses are all expected to slow following a decade of very rapid expansion, though recent rises in diesel expenses may change this outlook somewhat.
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Ag Equipment Intelligence

AGCO Upping Tractor Capacity; Looking to Sisu for More Engine Independence

Projects to increase AGCO Corp's tractor making capacity at existing facilities in North America and Europe are reportedly on track to start assembling products this year. And with the development of more powerful Sisu engineers, greater independence from outside power unit suppliers is clearly the goal of the company's latest engine developments.


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Ag Equipment Intelligence

Price Increase for Ag Commodities Lag Ag Input Price Increases

Changing farming practices, including the trend toward concentrated production on specialized operations, along with others such as wider use of irrigation and growing adoption of precision agriculture technologies, have allowed the farm sector to increase total output by nearly 50% over the past three decades, even as resources used in farming declined.
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2026 Dealership of the Year, Messick’s Equipment, Mount Joy, Pa.

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