In addition to significantly increasing crop yields, a new report from USDA suggests that intensifying land use could be another way to meet the rapidly expanding demand for ag commodities.
USDA's latest World Ag Supply & Demand Estimates (WASDE) on August 10 further confirmed what most farmers, dealers and equipment manufacturers already knew: 2012 will be a lousy year for crops, but fairly decent for farm incomes mostly due to rising commodity prices and the high use of crop insurance.
USDA's premier situation and outlook report, World Agricultural Supply and Demand Estimates (WASDE), draws together domestic and foreign supply, demand, and trade data for key U.S. commodities and has been published before the opening of major domestic futures markets between the 8th and the 12th day of each month.
Ag Growth International Inc. (TSX: AFN) (Ag Growth? or the Company?) today reported its financial results for the three and twelve months ended December 31, 2011, and declared dividends for March, April and May 2012.
Whether it's from your manufacturer's demand for market share or machine population, or your need for more revenue, dealers continue to look for ways to boost sales. A good place to start selling more machinery is to look first at your parts and service departments. There is a strong link between sales coverage and better parts and service profitability - meaning better absorption.
The disappearing mid-sized producer is the impetus that will drive technology seen in other agricultural equipment to the hay and forage markets in the next 10 years, experts say.
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.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we have reports from both the Farm Equipment Manufacturers Supply Summit and the North American Equipment Dealers Association's Legislative Fly-In.
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