In today’s newscast, we discuss the results of Ag Equipment Intelligence’s 2018 Business Outlook & Trends survey, irrigation equipment dealers short-term outlook, Farmers Edge’s new partnership with Planet, how tractor and combine sales through the first 9 months of the year compare to the same period 5 years ago and Art’s Way’s third quarter results.
A recent nationwide survey of pivot irrigation dealers conducted by Seaport Global Securities and Ag Equipment Intelligence shows this segment of agriculture, like farm equipment retailers, is generally optimistic about near-term revenue trends.
In today's newscast we look at whether recent severe weather in Iowa and Nebraska will have any negative impact on crop yields and equipment sales, declining sales for irrigation companies, rising new and used equipment inventories and changes to crop insurance subsidies.
While sales were up, Lindsay notes increased rainfall across the Corn Belt diminished the favorable impact of drought conditions on irrigation equipment demand over the past 12 months. The concern has now switched to the impact of delayed plantings and crop yields on crop prices and farm incomes.
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There was plenty of technology on display at the World Dairy Expo in Madison, Wis., a few weeks ago. Farm Equipment editor Mike Lessiter caught up with Monarch Tractor’s John Issacson and got his take on the top 5 applications in autonomy right now.