Data & Forecasts

Forecast & Trends

Increases in Crop-Related Production Expenses Should Level Off in 2012

After rapid rises in costs since 2002, total farm production expenses are forecast to rise $12.5 billion (3.9%) this year. This increase is far less than the $35.7 billion (12.5%) growth projected in 2011. The growth in crop-related expenses (seeds, fertilizer, pesticides), livestock-related expenses (feed, livestock/poultry purchases), and fuel and oil expenses are all expected to slow following a decade of very rapid expansion, though recent rises in diesel expenses may change this outlook somewhat.
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From the Desk of Dave Kanicki

Optimism on the Rise

It seems many North American farm equipment dealers are surprising even themselves when it comes to how sales are holding up through the first part of 2012.
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Rocky Mountain Dealerships Offers to Acquire All of its Unsecured Subordinated Debentures

Rocky Mountain Dealerships Inc. ("Rocky") (TSX:RME; RME.DB) is pleased to announce that in accordance with its previous announcement it has made an offer (the "Offer") to purchase all of its 7.00% convertible unsecured subordinated debentures due September 30, 2017 (the "Debentures") at a purchase price of $1,125 for each $1,000 principal amount of Debentures (the "Offer Price"), representing a premium of $125 to the face value of the Debentures per $1,000 principal amount.
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