Items Tagged with 'forecast'

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While Crop Receipts Held Steady in 2016, Livestock Receipts Took a Dive

USDA’s Economic Research Service is projecting 2016 net cash farm income will slip to $90.1 billion and net farm income to $66.9 billion, largely the result of declining animal and animal product receipts. Both measures are forecast to decline for the third consecutive year after reaching record highs in 2013 for net farm income and 2012 for net cash income.
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Forecast & Trends

Farm Borrowing Remains Robust — But Not for Equipment

Short-term financing for ongoing production needs appears to be further restraining medium-term borrowing for capital investments, like equipment and grain storage, according to the third-quarter edition of the Agricultural Finance Databook from the Federal Reserve Bank of Kansas City.
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Forecast & Trends

Half of Dealers Say 2014 Revenues Will Come In Lower Than Expected

Nearly one-half of North American farm equipment dealers are expecting that full-year revenues from the sale of new equipment in 2014 will be down vs. 2013. This is about the same percentage of dealers who are projecting declining revenues in the year ahead.
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