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Full Impact of Historic Midwest Floods Will Linger

April 30, 2019 | Posted in Commodities

How farmers in Iowa and Nebraska bounce back from this spring’s disastrous flooding could have a major impact on commodity prices and ag equipment and input sales. But the full effect will take time to measure.

Crop Receipts Steady, But Net Farm Income Expected to Decline

February 1, 2017 | Posted in Commodities

While estimates for crop receipts haven’t changed much in the past few months, USDA hasn’t changed its forecast for net farm income for 2017.

January WASDE Viewed as a ‘Positive’ for Ag Equipment

January 13, 2017 | Posted in Commodities

In his annual message, John Deere’s Chairman, Sam Allen, described the company’s long-term prospects as “bullish,” but added, “We don’t mean to minimize the challenges we’re facing at the present time … there are signs that some of our key markets may be approaching a bottom, but we are not anticipating a turnaround in 2017.”

Deere’s Short-Term Outlook a Bit Brighter Than USDA’s

December 30, 2016 | Posted in Earnings Reports

Comparing Deere & Co.’s outlook for 2017 issued on Nov. 23 to that of USDA’s issued earlier in the year, you would have to conclude that the world’s largest manufacturer of farm equipment is a bit more optimistic about the year ahead than is the U.S. ag agency.

While Crop Receipts Held Steady in 2016, Livestock Receipts Took a Dive

December 1, 2016 | Posted in Commodities, Data & Trends

USDA’s Economic Research Service is projecting 2016 net cash farm income will slip to $90.1 billion and net farm income to $66.9 billion, largely the result of declining animal and animal product receipts.

Deere’s Short-Term Outlook Outshines USDA

December 1, 2016 | Posted in Data & Trends, Earnings Reports

Comparing Deere & Co.’s outlook for 2017 issued on Nov. 23 to that of USDA’s issued earlier this year, you would have to conclude that the world’s largest manufacturer of farm equipment is a bit more optimistic about the year ahead than is the U.S. ag agency.

Crop Receipts in 2016 Show Little Change

December 1, 2015 | Posted in Commodities

USDA’s year-end crops report provided little reason to expect a significant pick up in overall crop receipts in the year ahead.

WASDE: More Pressure on Crop Receipts

October 1, 2014 | Posted in Commodities

"The October WASDE report indicates increased production for corn, wheat and soybeans, along with a reduced pricing outlook for corn."

Ag Equipment Fundamentals Still Not Well Understood

May 14, 2012 | Posted in Equipment & Equipment Sales

Despite robust U.S. tractor sales in recent years, overall tractor sales remain far from their 2004 and 2005 peak. Nonetheless, in terms of dollars, ag equipment shipments remain strong and healthy.

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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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