Data & Forecasts

Corn & Soybean Maturity Significantly Behind 5-Year Average for Mid-July

July 16, 2019 | Posted in Data & Forecasts

Only 17% of this year's corn crop is silking and only 22% of soybeans are blooming.

Corn & Soybean Crops Continue to Lag Typical Pace

July 9, 2019 | Posted in Data & Forecasts

For all intent and purposes, all of the 2019 U.S. corn and soybean crops that will be planted are in the ground, but the overall progress of this year’s crops continues to trail where they would typically be at this point.

Farmer Sentiment Improves Following Rise in Crop Prices and USDA Aid

July 2, 2019 | Posted in Data & Forecasts

The Ag Economy Barometer rebounded in June to a reading of 126, 25 points higher than a month earlier. Both of the barometer’s sub-indices, the Index of Current Conditions and the Index of Future Expectations, improved compared to a month earlier.

To the Point: Better Days Ahead as Farm Equipment Changes — & Doesn’t

By Mike Lessiter posted on July 2, 2019 | Posted in Best Practices, Data & Forecasts

My last 5 business days were productive. Before and after a 26-hour conference in Colorado, I had two interviews for “Our Dealer Story,” attended a Far West Equipment Dealers Assn. board event, toured two suppliers and met with a farm machinery analyst. The road miles showed things growing again, albeit the corn was only ankle high.

To the Point: Better Days Ahead as Farm Equipment Changes — & Doesn’t

By Mike Lessiter posted on July 2, 2019 | Posted in Best Practices, Data & Forecasts

My last 5 business days were productive. Before and after a 26-hour conference in Colorado, I had two interviews for “Our Dealer Story,” attended a Far West Equipment Dealers Assn. board event, toured two suppliers and met with a farm machinery analyst. The road miles showed things growing again, albeit the corn was only ankle high.

National-Corn-Index-Daily-Spot-Corn-Price

Rising Corn Prices Could Give Equipment Sales a Boost into 2020

June 28, 2019 | Posted in Data & Forecasts

The corn “spot price” rose sharply in May as successive USDA crop progress reports showed corn plantings falling behind multi-year averages. Amid the weather and planting uncertainties, some analysts are suggesting that the 2019 corn crop could be the smallest since the drought year of 2012.

USDA Reports 96% of Corn Planted, 85% of Soybeans

June 24, 2019 | Posted in Data & Forecasts

USDA is reporting that only 4% of corn acres and 15% of soybeans are still to be planted as of June 23, 2019. Farmers managed to get another 4% of their corn in the ground in the past week, taking the total percentage of acres planted to 96% (vs. 92% the previous week).

Untangling the Matrix of Prevented Planting Claims with George Bercaw

By Betsy Barthelemy posted on June 20, 2019 | Posted in Best Practices, Data & Forecasts

Rain continues to fall across the U.S. Corn Belt, and with many Final Plant Dates (FPDs) already weeks into the past, here are a few major areas of interest your farming customers will want to keep in mind when considering filing a prevented planting claim.

8% of Corn Acres Remain to Be Planted; 23% of Soybeans

June 18, 2019 | Posted in Data & Forecasts

As of June 16, 92% of U.S. corn was in the ground and 77% of soybeans had been planted. Both remain far behind the normal pace of planting and a high level of uncertainty remains about how much corn will actually get planting at this late date.

U.S. Tractor & Combine Numbers See Some Stability, Canada Experiences Sharp Declines

June 12, 2019 | Posted in Data & Forecasts, Manufacturer News

As the trade wars continue to wage in U.S., farm equipment sales numbers mirror the uncertainty within the industry. U.S. sales saw minimal growth in most categories while Canada dropped in all but two, according to the latest AEM sales data.

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ARTICLES

Corn & Soybean Maturity Significantly Behind 5-Year Average for Mid-July

Corn & Soybean Crops Continue to Lag Typical Pace

Farmer Sentiment Improves Following Rise in Crop Prices and USDA Aid

To the Point: Better Days Ahead as Farm Equipment Changes — & Doesn’t

To the Point: Better Days Ahead as Farm Equipment Changes — & Doesn’t

Rising Corn Prices Could Give Equipment Sales a Boost into 2020

USDA Reports 96% of Corn Planted, 85% of Soybeans

Untangling the Matrix of Prevented Planting Claims with George Bercaw

8% of Corn Acres Remain to Be Planted; 23% of Soybeans

U.S. Tractor & Combine Numbers See Some Stability, Canada Experiences Sharp Declines

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