The precision farming business is aggressively focused on the future — whether its product development and deployment, analytical application of collected field data or conceptual brainstorming of the next breakthrough.
As dealer optimism continues to inch upward heading into the second quarter of 2017, no-till farmers are anticipating increased adoption of precision farming equipment this year.
Reduced spending resulted in improved profitability for no-till farmers in 2016, according to the 9th Annual (2017) No-Till Farmer No-Till Practices Survey. No-Till Farmer is a sister publication of Ag Equipment Intelligence.
The benefits of precision farming translate to multiple farming practices, but strip-till is often cited as a system in which technology is essential. Banding nutrients beneath the soil surface and accurately planting into a fertile seed bed are cornerstones of strip-till, enhanced by a reliable guidance technology.
Farmer input costs have been among the top three North American farm equipment dealers’ major concerns over the past 5 years, including number one in 2015, according to the results of Ag Equipment Intelligence’s annual Dealers Business Outlook & Trends survey — and for good reason.
Moving into the second quarter of 2016, many precision dealers are maintaining a conservative sales outlook for the foreseeable future. But there may be reason for optimism, based on the recent results of No-Till Farmer’s 8th annual Benchmark Study.
A survey of no-till farmers by Ag Equipment Intelligence's sister publication, No-Till Farmer, revealed that a large majority of this group of growers want the data gathered from their field operations to remain confidential.
The results from an annual survey of U.S. no-till farmers reveals that despite a downturn in grain prices and some challenging springtime weather, 2013 produced the highest crop yields in several years.
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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.