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Canadian Farm Cash Receipts: 2019 & 2020

September 4, 2020 | Posted in Data & Trends

The ongoing pandemic is set to test the resilience of farms in 2020. Statistics Canada’s estimates of 2019 farm cash receipts (FCR) suggest a relatively positive year for agriculture. FCR increased in 2019 by $3.6 billion, or 5.7%.

Comer Industries Expansion Aims for Growth in Ag Gearboxes, Drive Shafts

November 1, 2016 | Posted in Data & Trends, Equipment & Equipment Sales

Power transmission specialist Comer Industries is embarking on an ambitious growth plan that managers led by Fabio Storchi, president and CEO, expect to deliver significantly increased sales and improved profitability over the next 4 years.

July WASDE Called ‘Neutral’ for Farm Machinery Sales

July 1, 2016 | Posted in Data & Trends

With July weather being a critical factor in overall crop production trends, industry observers rated the report “mixed” or “neutral” for sales of farm equipment.

Firm Dollar Doesn't Help U.S. Ag Outlook

September 26, 2014 | Posted in Data & Trends

If falling grain prices weren't enough for U.S. agriculture to contend with, a strong dollar could further stunt any hope for growth in the year ahead for American farmers and equipment manufacturers.

USDA Estimates Farm Net Cash Income to Drop 8.9% in 2013

February 1, 2013 | Posted in Data & Trends

On Feb. 11, USDA issued its initial 2013 estimates for farm net cash income and cash receipts and forecast a drop in net income of nearly 9%. The government economists also said that cash receipts will be slightly higher year-over-year.

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AGCO Aims for $2 Billion in Precision Ag Business by 2029

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.

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