Yesterday, USDA reported 51% of the corn crop is in "good" or "excellent" condition, down from last week's 53% and last year's 68%. Soybean conditions also slipped to 53% in "good" or "excellent" condition, down from last week's 56% and last year's 63%
While many industry analysts view the USDA's latest crop report (September 12) as a positive for ag machinery sales, Adam Fleck, associate director of research for Morningstar, sees it as a" neutral"? for farm equipment manufacturers.
Goodbye direct payments. Considering current budgetary issues, Gary Schnitkey, Univ. of Illinois professor of agricultural economics, says to expect some changes in programs farmers have grown accustom to.
This afternoon, USDA released its weekly crop report and overall crop conditions continue to deteriorate as weather in various ag regions remains tough on yields.
Farmers, equipment dealers, equipment makers, agronomists and everyone else associated with agriculture are too busy doing what they’re supposed to be doing.
So far, so good. According to the latest (September 10) report from USDA, agricultural commodity prices are on the rise and look strong for the last quarter of 2010 and going into 2011.
Source: USDA's National Agricultural Statistic Service (NASS)
After setting a record high in 2008, U.S. farm production expenditures decreased by nearly $20 billion in 2009, the first major decline in nearly a quarter century, according to the USDA.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at Titan Machinery’s Q4 and FY 2025 earnings, and the improvement in inventory levels over the last 2 quarters
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