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Articles Tagged with ''COVID-19''

Real GDP Decreased 5% in 'Third Estimate' of 1Q20

June 25, 2020 | Posted in Ag Equipment Business

Real gross domestic product (GDP) decreased at an annual rate of 5% in the first quarter of 2020, according to the "third" estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.1%.

pork processing utilization April-june 2020

U.S. Pork Processing Capacity Utilization Rebounds as Plant Labor Force Returns to Work

June 25, 2020 | Posted in Commodities

According to a report from USDA, capacity utilization in the U.S. pork processing industry is on the rebound as workers in plants, earlier infected by COVID-19, recover and return to work.

As COVID-19 Drags On, Equipment Manufacturers Continue to Face Significant Challenges

June 25, 2020 | Posted in Ag Equipment Business

The COVID-19 pandemic continues to take a toll on an industry that represents 12% of the U.S. manufacturing sector, according to a new survey released today by the Assn. of Equipment Manufacturers (AEM).

European Dealer Sentiment Improves Slightly in June

June 25, 2020 | Posted in Data & Trends

According to a recent report from CEMA, the general business climate index for the agricultural machinery industry in Europe has further improved but remains deeply negative at -47 points (on a scale of -100 to +100).

Wheat, Corn Prices Diverge Following COVID-19 Pandemic

June 22, 2020 | Posted in Commodities

Wheat and corn prices tend to move in parallel, with cash and futures wheat prices historically being slightly above those for corn. However, when efforts to contain the outbreak of COVID-19 brought about widespread stay-at-home orders, this wheat and corn price series began to diverge significantly.

Equipment Leasing & Finance Industry Confidence Improves in June

June 22, 2020 | Posted in Data & Trends

The Equipment Leasing & Finance Foundation (the Foundation) has released the June 2020 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Overall, confidence in the equipment finance market increased to 45.8, up from the May index of 25.8.

What's Next for the Farmland Market?

June 10, 2020 | Posted in Data & Trends

According to a report from Farmers National Company, following the COVID-19 outbreak, the land market hit the pause button as buyers and sellers slowed activity. Opposing factors will be pushing and pulling land values in the coming months to decide what’s next for the land market.

May 2020 Beige Book: Ag Conditions Slide, Supplychains Disrupted

June 10, 2020 | Posted in Data & Trends

Economic activity declined in all Districts – falling sharply in most – reflecting disruptions associated with the COVID-19 pandemic. Agricultural conditions worsened, with several Districts reporting reduced production capacity at meat-processing plants due to closures and social distancing measures.

Global Feed Grain Production Forecast to Increase 5% in Marketing Year 2020-21

June 10, 2020 | Posted in Data & Trends

The global production of feed grains, which includes corn, sorghum, barley, and oats, is projected to reach a new record of 1.48 billion tons in marketing year 2020-21, up more than 5% from the previous year.

Sonalika Tractor Sales Up 18.6% in May

June 10, 2020 | Posted in Equipment & Equipment Sales

According to a report from ETAuto, Sonalika Tractors saw an increase in its sales last month, reporting 9,177 units sold, up 18.6% from 7,737 units sold in the same month last year.

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Producer Price Index Percentage Changes — Ag Equipment & Parts Segment

‘Big 3’ Maintain Majority of Sprayer Market, but Share Slips Slightly

Major Line OEMs Weigh in on 2025

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[Technology Corner] Precision Farming Dealer Summit Just What the Doctor Ordered After Challenging Year

We’ve been busy over here in the Technology Corner preparing for the 10th annual Precision Farming Dealer Summit, taking place Jan. 6-7 in downtown Louisville, Ky. Skip Klinefelter, CEO of Ag Technology Solutions Group in Greenville, Ill., will be one of several speakers sharing their unfiltered perspective on the state of precision ag.

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Articles Tagged with ''COVID-19''

Real GDP Decreased 5% in 'Third Estimate' of 1Q20

U.S. Pork Processing Capacity Utilization Rebounds as Plant Labor Force Returns to Work

As COVID-19 Drags On, Equipment Manufacturers Continue to Face Significant Challenges

European Dealer Sentiment Improves Slightly in June

Wheat, Corn Prices Diverge Following COVID-19 Pandemic

Equipment Leasing & Finance Industry Confidence Improves in June

What's Next for the Farmland Market?

May 2020 Beige Book: Ag Conditions Slide, Supplychains Disrupted

Global Feed Grain Production Forecast to Increase 5% in Marketing Year 2020-21

Sonalika Tractor Sales Up 18.6% in May

Get all things Ag Equipment Intelligence all the time!

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Producer Price Index Percentage Changes — Ag Equipment & Parts Segment

‘Big 3’ Maintain Majority of Sprayer Market, but Share Slips Slightly

Major Line OEMs Weigh in on 2025

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[Technology Corner] Precision Farming Dealer Summit Just What the Doctor Ordered After Challenging Year