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Ag Equipment Intelligence

WASDE Offers a 'Little' Surprise

Agriculture will take any good news where it can get it. Yesterday's World Agricultural Supply and Demand Estimates from USDA was less mundane than expected as it helped extend a small run up in corn futures when the ag agency actually trimmed the U.S. harvest
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From the Desk of Dave Kanicki: You Win Some and You Lose Some

First, in its World Agricultural Supply and Demand Estimates (WASDE) report, USDA lowered its price estimates on corn, soybeans and wheat for the 2013 crop, a bearish signal for the industry. Later in the day, the Assn. of Equipment Manufacturers reported that U.S. and Canada tractor and combine sales were up pretty much across the board in March.
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From the Desk of Dave Kanicki: May 14, 2013

First, in its World Agricultural Supply and Demand Estimates (WASDE) report, USDA lowered its price estimates on corn, soybeans and wheat for the 2013 crop, a bearish signal for the industry. Later in the day, the Assn. of Equipment Manufacturers reported that U.S. and Canada tractor and combine sales were up pretty much across the board in March.
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Poor Peanut Harvest Push Prices "Way" Higher

If you want to talk about the rising price of commodity grains, you need to include peanuts. Consumers are being told to "Get your peanut butter - before prices soar".? Kraft will raise prices for its Planters brand peanut butter by 40% starting October 31.
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Will Equipment Rollovers Keep Rolling?

But it’s clear from other dealers, who are having success with such programs, that kept in check, these equipment rolls and multi-unit discounts can build machine population and market share in their sales territories. Theoretically, in the longer term, increasing the number of units in the field should improve dealer absorption rates through increased sales of parts and service.
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