Farmers aren't the only ones looking at the skies and wondering about the lack of moisture. Farm equipment dealers also feel the impact that dry conditions can have on agricultural production.
While cropland use in the United States has varied over the past three decades, the 8 most common crops — corn, soybeans, hay, wheat, cotton, sorghum, barley and rice — have consistently accounted for the bulk of harvested acres.
U.S. exports of denatured and undenatured (non-beverage) ethanol set a new monthly record of 152.5 million gallons (mg) in November, according to government data released this morning.
The values of farm business sector assets and equity — assets minus debt — are forecast to rise in 2011, while farm debt is forecast to decline from 2010 levels.
Ag equipment dealers reported year-over-year sales growth slowed to 6% on average in November, down from 9% in October. Deere dealers accounted for the majority of the slowdown as growth returned to prior months' trends at 5% in November from 10% in October.
As we head into the New Year, here's a recap of what dealers told us in our most recent "Dealer Trends & Business Outlook" survey conducted by Ag Equipment Intelligence and Cleveland Research Co. in December.
Store manager Jason Boyles breaks down a busy summer for the Vincennes, Ind., dealership formerly known as Alliance Tractor after it was acquired by 22-store John Deere dealer Sloan Implement. Boyles takes us through the transition process and explains the challenges and benefits of the acquisition.
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.
Finance Scope is able to provide the best financing opportunities for equipment dealers and customers through a diverse mix of lending companies under one single platform. Our large group of lenders, allows for competitive rates regardless of credit scores. Additionally, dealers and customers have access to the industry’s best expertise surrounding finance and lease structures, for all purposes, within the agricultural and construction industries. We provide all of this into one online platform to provide our customers with the best available tailored finance solution for their equipment.