The Russian invasion of Ukraine has created uncertainty in global grain exports. This uncertainty has and likely will continue to result in short-term opportunity for US corn exports. This article conducts scenario analysis around US corn prices, examining plausible “what-if” events and predicting possible outcomes. Scenario analysis can provide a better understanding of upside opportunities as well as downside risks. A better understanding of the potential outcomes of these events can help in planning and managing should they occur.
According to a new report from CoBank's Knowledge Exchange, the conflict will negatively affect global grain flows for at least two crop years, and likely longer.
The March 31, 2022, Prospective Plantings report from USDA forecasts planted corn acreage in 2022 at 89.5 million acres, down 4% of 3.87 million acres from 2021.
The latest Sandhills Global Market Reports, Lincoln, Nebraska, show used farm equipment inventory remains fairly flat month-over-month since Q4 2021, while inventory levels among late-model trucks and construction equipment aged 10 to 25 years posted increases.
The editors of Ag Equipment Intelligence released an authoritative new study on electric farm equipment on March 15, 2022 — Electric Farm Machinery: Outlook Through 2027.
The Creighton University Rural Mainstreet Index (RMI) climbed in March from February's healthy reading and remained above growth neutral for the 16th straight month, according to the monthly survey of bank CEOs in rural areas of an average population of 1,300.
What a crazy end to 2021, and what a crazy start to 2022. Lead times haven’t gotten better, and in some cases they have gotten worse. Chip shortages are still an issue, and we likely won’t see much relief in the near term.
Fewer rural equipment dealers are anticipating growth in 2022, a direct reflection of today’s volatile environment where labor, product supply and consumer demand are difficult to predict.
According to the results of Rural Lifestyle Dealer’s annual dealer survey, just one-third of dealers anticipate sales growth of at least 2% this year. That breaks a string of 5 straight years where at least half of dealers anticipated growth heading into the new year.
This will be the first Iron Comps webinar where we compare and contrast both the auction and retail used equipment markets. Be one of the first to see Iron Comps’ new Dealer Trends, the industry’s most current retail price insights tool.
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.
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.