Articles Tagged with ''COVID-19''

Farmers’ 2020 Bottom Line Padded by Highest Federal Aid Ever

Overall, U.S. farmers are expected to end up in the black for 2020, largely due to government payments aimed at lessening the impact of the COVID-19 pandemic. According to USDA economists, net farm income (NFI) is forecast to increase $18.3 billion (up 21.7%) from 2019 to nearly $103 billion in the current cropping year.
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Changing Conditions of Farm Bankruptcies

A continued lower price environment, uncooperative weather events over the past year, trade uncertainty and COVID-19 have all contributed to depressed net cash farm income levels and placed upward pressure on farm bankruptcies.
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Deutz Reports 1H20 Revenue Down 33.3%

The Deutz engines business was already feeling the impact of the coronavirus pandemic in the first quarter of 2020 and, as the year progressed, all areas of the Company’s business were noticeably affected, as expected, in terms of both activities and performance.
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CEMA August 2020

European Dealer Sentiment Back to Pre-COVID-19 Level

The general Business Climate Index for the Agricultural Machinery Industry in Europe has continued to improve, and thus has completely reached the pre-COVID-19 level, which however was already negative. Now, in August 2020, the index is at –6 points (on a scale of –100 to +100).
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