USDA’s year-end crops report provided little reason to expect a significant pick up in overall crop receipts in the year ahead. According to industry analysts, the ag agency’s Dec. 9 World Agricultural Supply Demand Estimates points toward major crop receipts for 2015 at about $96 billion, or down approximately 8% year-over-year. Total cash receipts is a leading indicator of U.S. farmers’ buying power.
Following the release of the latest WASDE, Michael Shlisky, analyst for Seaport…
This is subscription content for VIP Members. A VIP membership gives you all things Ag Equipment Intelligence all the time! Compare the three levels of access:
Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.
Download these helpful knowledge building tools
In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.
