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Quantifying the Economic Benefits of On-Farm Digital Technologies

March 6, 2020 | Posted in Technology

Precision agriculture has become mainstream in commercial agriculture production, and many would agree that it is “the way we farm today.” Utilization of technology varies from farmer to farmer, but the decision to invest in technology is commonly tied to the potential for increased efficiency and profitability.

Age of U.S. Farmers: Is the Wrong Issue Being Addressed?

February 28, 2020 | Posted in Analysis & Commentary

Source: Farmdoc Daily

The older age of U.S. farmers remains a topic of interest (Kurtzleben; Stone). This article thus revisits the farmdoc daily article of Oct. 23, 2013, updating it with 2017 Census of Agriculture data. It is also a condensed, more focused version of a forthcoming article in the Handbook of Rural Aging. A key point is that U.S. policy should focus more on helping older farmers remain active, high performers.

2019 vs. 2017 Machinery Per-Acre Costs Increased 7-9%

August 19, 2019 | Posted in Data & Trends

Between 2017 and 2019, most machinery per-acre costs increased by 7-9%, according to an Aug. 6, 2019 report from the University of Illinois Department of Agricultural and Consumer Economics (Machinery Cost Estimates for 2019).

Little Change Seen in Illinois Farmland Values, Lease Rates

March 27, 2019 | Posted in Data & Trends

Farmland values and rents in Illinois are holding steady across most of the state according to the 2019 Farmland Values and Lease Trends Report released by the Illinois Society of Professional Farm Managers and Rural Appraisers.

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Dairy Segment Provides Bright Spot in Current Ag Market

Deere Confident on ‘Producing to Demand’ in Fiscal Year 2025

Art’s Way Reports 3Q Ag Sales Drop 46%, Parts Ways with CEO

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Deere Production Could be Down 10-15% Next Year

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.

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