Items Tagged with 'USDA projections'


After Falling in 2016, U.S. Farm Net Income Expected to Begin Rising in 2017

USDA released its Agricultural Projections to 2025 this past week. If the current outlook holds, it could be good news for farm equipment dealers. According to the report, farm net income, which ultimately determines if farmers will invest in capital expenditures (equipment, buildings, etc.), will bottom out in 2016 and begin a gradual rise for the next decade. In all likelihood, it will not reach the levels seen in 2013 and 2014, but it will be an improvement vs. 2015 and 2016.
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RLD Revenue
From the Desk of Dave Kanicki

A Few Positive Notes for Year-End

As 2015 draws to a close, there’s a lot of pessimism, maybe resignation, in the air that we’re in for another tough year in 2016. During the last several times I was out and about visiting dealers or at industry events, if I was asked once, I was asked a dozen times, “You got any good news for us Dave?”
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