The amount of land dedicated to crops in the United States has dropped for the second straight year in 2010, according to a report released today by the U.S. Department of Agriculture.
Rocky Mountain Dealerships Inc. a leading Canadian network of full service agriculture and construction equipment dealerships, today commented on the weather conditions in the areas in which it distributes equipment and the potential impact on the second quarter results.
Falling demand for ag machinery in Russia and throughout much of Central and Eastern Europe during the past 2 years has left farm equipment makers worldwide watch as sales plummeted from previous record-high levels.
Yesterday, USDA reported that with 97% of the corn crop now panted, the 2010 crop is off to an outstanding start. Last year at this time, 92% or the corn crop was planted. Over the past 5 years, the planting rate averaged 96% on June 1.
Two publicly held Canadian dealerships — Cervus Equipment Corp. (“CVL” – John Deere) and Rocky Mountain Dealerships (“RME” – Case IH & New Holland) — issued first-quarter earnings reports on May 11. According to Raymond James Ltd. analyst Ben Cherniavsky, one hit the mark while the other didn’t live up to expectations.
According to the new Rabobank U.S. Farm & Ranch Survey, year-over-year income for U.S. farmers and ranchers has improved significantly over findings in the previous two surveys.
In this episode of On the Record, brought to you by Benzi America, we take a look at former President Donald Trump’s threat of a 200% tariff on Deere’s Mexico built equipment. In the Technology Corner Noah Newman visits with Bluewhite about the company’s partnership with New Holland.
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.
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