Yesterday, USDA released its weekly crop progress report. With 87% of the corn crop now planted, it is far ahead of last year’s crop (61%) and the average pace over the last 5 years (78%). Additionally, 55% of the corn crop has now emerged, compared with 28% emerged at this time last year and the 5-year average pace of 39% emerged.
USDA also reported that 66% of the winter wheat crop is in “good” or “excellent” condition, ahead of the 48% reported the prior year.
Industry Outlook: How Does Your Dealership Stack Up?
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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.
