Chances are good that at least some Midwest farmers weren’t too surprised at USDA’s October 8 report that corn and soybean yields would probably come in quite a bit lower than anticipated just a month earlier. The report reduced corn yields by almost 7 bushels per acre.
Analysts agreed that the report was indeed bullish for farm equipment dealers in the Corn Belt, but could spell difficulty for those who service livestock producers.
When Ag…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
