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U.S. Corn, Soybean & Wheat Production vs. Farm Diesel Consumption

February 21, 2023 | Posted in Commodities, Data & Trends

Corn, soybean and wheat production has increased 50% since 1990 while farm diesel use remained essentially unchanged due to advances in equipment and powertrain technology.

October WASDE Report Forecasts Higher Corn, Soybean Production for 2022

October 15, 2021 | Posted in Commodities

According to USDA’s October World Agricultural Supply-Demand report (WASDE), both corn and soybean forecasts have been raised for 2022.

U.S. Ethanol Production Follows Gasoline Demand; COVID-19 to Drop Corn Price to 2006 Levels

June 12, 2020 | Posted in Biofuels

Perhaps no commodity has felt the negative consequences of the COVID-19 pandemic more than ethanol, and thus corn, as gasoline usage declined dramatically during the stay at home restrictions took effect.

U.S. Biofuel Production Projected to Increase ‘Slowly’ Through 2050

March 13, 2020 | Posted in Alternative Power Sources, Biofuels

The U.S. Energy Information Admin. (EIA) expects the production of biofuels to continue increasing, but at a relatively slow pace, between 2020-50, according to its Annual Energy Outlook 2020 (AEO2020).

Slowing Ethanol Production Will Impact Corn Sales

September 20, 2019 | Posted in Commodities

With more than one-third (34.5%) of the annual U.S. corn crop used in the production of fuel ethanol, sooner or later, declining production of ethanol will be felt by corn growers; not necessarily a good trend for ag equipment makers or dealers.

EPA Permits Sale of E15 Fuel Year-Round

June 25, 2019 | Posted in Biofuels

Source: AgriNews

On May 31, U.S. Environmental Protection Agency Administrator Andrew R. Wheeler signed a final rule that allows the year-round sale of E15 gasoline, partially as a measure to boost ethanol sales amid a struggling planting season. Previous regulations had kept the fuel unavailable during the summer hours due to smog concerns, but the new ruling will lift those bans.

Equipment Sales Competing with Rising Crop Production Costs

July 1, 2014 | Posted in Commodities

Along with other variables, equipment dealers also compete with rising production costs for farmers’ dollars.

Lower Corn Production No Real Help for Machine Sales

January 1, 2014 | Posted in Commodities

Corn prices got at least a short reprieve from its 40% decline from a year ago on the news that USDA lowered ending stocks to 13.9 billion bushels, a drop of 64 million bushels from previous estimates.

Focus Switches from Corn Production to Demand; Could Improve Outlook for Equipment Sales

December 1, 2013 | Posted in Commodities, Data & Trends

It has been shown that U.S. sales of farm machinery closely correlate with the price of U.S. corn. With the two core components of demand for corn being exports and ethanol, equipment dealers and manufacturers closely scrutinize the trends in both these segments.

Corn Conditions Gives Clues to Yield

July 1, 2013 | Posted in Commodities, Data & Trends

Corn conditions during the growing season is usually indicative of that season’s yield.

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Dealers Expect Parts & Service Growth in 2025, Declines in Equipment Sales

In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.

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