While total 2012-13 U.S. crop receipts are forecast to slip by 4%, total planted acreage is expected to be up by 3.6% for the year, according to the USDA.
The outlook for crop receipts for the marketing year ahead indicates that a falloff to $122,402 million vs. $126,977 in 2011-12, which was up 11% compared with 2010-11.
USDA is anticipating that planting of corn acreage will increase to 94 million acres in 2012-13 vs. 91.9…
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In this episode of On the Record, brought to you by Weasler Engineering, we break down the key takeaways from Ag Equipment Intelligence's newly released 2024 Big Dealer Report. In the Technology Corner, Noah Newman shows us how cover crop planting could be done autonomously. Also in this episode, CNH Industrial reports a drop in ag sales, AGCO combine and application equipment sales are down year-over-year and a UK New Holland factory strike could impact North America.
