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Iowa State Economists Estimate COVID-19 Impact on State’s Ag Economy

April 16, 2020 | Posted in Commodities

Estimates show overall annual damage of roughly $788 million for corn, $213 million for soybean, over $2.5 billion for ethanol, $658 million for fed cattle, $34 million for calves and feeder cattle and $2.1 billion for hogs.

October 2019 Tractor & Combine Analysis

By Charlie Glass posted on November 12, 2019 | Posted in Analysis & Commentary

Total tractor sales in October fell about 8%, with utility tractors (40-100 horsepower) showing the only growth at up 6%. Compact tractor (under 40 horsepower) sales fell 11% last month and high horsepower tractors (over 100 horsepower) fell 18%.

September 2019 Tractor & Combine Analysis

By Charlie Glass posted on October 11, 2019 | Posted in Analysis & Commentary

Worldwide economic unrest along with political unrest both here and abroad has placed a black cloud over the U.S. agricultural economy and has slowed large equipment sales to almost a crawl.

June 2019 Tractor & Combine Analysis

By Charlie Glass posted on July 11, 2019 | Posted in Analysis & Commentary

While the majority of producers are still buying their equipment outright, there continues to be a number of farmers who have been nudged toward lease contracts in order to conserve capital and still have new, dependable equipment with which to farm their land.

Heavy Rain Pushes Ohio & Michigan Crop Progress to Record Lows; Farmers Seek Aid

June 21, 2019 | Posted in Commodities

Farmers across Michigan and Ohio are voicing their concerns for the struggling planting season and petitioning their state legislators to provide relief. A substantial number of farmers have been impacted by the rainy season, with some opting out of planting for farm insurance and others planting a late crop against the odds of fall frosts.

FCA Reports Poor Quarterly Conditions in Agriculture

June 17, 2019 | Posted in Data & Trends

The FCA (Farm Credit Administration) recently released its quarterly analysis of the agriculture sector, including its tracking of commodity prices, margins, farm programs, and crop insurance.

May 2019 Tractor & Combine Analysis

By Charlie Glass posted on June 12, 2019 | Posted in Analysis & Commentary

Our database for tractor and combine retail sales and field inventory are derived from AEM’s monthly Flash Reports.

Less Than Ideal Planting Weather Challenging U.S. and Canadian Growers

June 7, 2019 | Posted in Commodities

While poor planting conditions are challenging U.S. growers throughout the country’s Corn Belt this spring, farmers in Canada have their own weather problems to contend with.

Wet Fields Continue to Plague Corn and Soybean Growers

May 28, 2019 | Posted in Commodities

This spring has been called the wettest on record in the Corn Belt and other major growing regions of the U.S. and the pace of planting would seem to verify this claim. As of Sunday, May 26, corn planting in the U.S. is 32 days behind the 5 year average and soybeans are 37 days behind the 5 year average.

WASDE: 2019-20 Crop Receipts Expected to Drop 6%

May 24, 2019

USDA’s May World Agricultural Supply & Demand Estimates (WASDE) crop report introduced an initial 2019-20 crop year production forecast. It implies cash crop receipts across corn, soybean and wheat could decline 6% this year following 1% growth in the 2018-19 crop year.

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AGCO Reports $1.4 Billion in 2023 Tractor Revenue

New Holland Informs Dealers of Restructuring Details

Baltimore Port Closure: Tractor Imports & Exports Impacted, Deliveries Delayed

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Baltimore Port Closure to Impact High Horsepower Tractor Imports & Exports

In this episode of On the Record, brought to you by Weasler Engineering, we look at how the Port of Baltimore's closure will alter the flow of high horsepower tractors in and out of the country. In the Technology Corner, Noah Newman talks about some changes coming to drone operation regulations. Also in this episode, Kazakhstan's potential for the North American ag equipment industry and what 2024 holds for the sprayer market.

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