A new study from the Boston Consulting Group (BCG) identifies the most influential trends that will affect farming practices and structures through 2030. These include precision farming, automation, consolidation, professionalism and labor shortages.
ERS’s current farm income forecast for 2014 includes $4.4 billion in Livestock Forage Disaster Program (LFP) payments, an over 700% increase from total LFP payments made during the previous 5 years combined.
AGCO reported its third quarter net sales were $2.2 billion, a 13% drop from third quarter sales in 2013. For the first 9 months of 2014, net sales were down 8.7% vs. last year.
All high performance environments share a serious devotion to results. They're competitive, stressful workplaces where mediocrity is disdained and failure intolerable. Moreover, individuals who thrive in these environments tend to be players with intense ambition.
As the industry works toward those targets, the one question that has gone unasked is: How can U.S. transport systems support this type of growth without major improvements, specifically on our rivers?
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In this episode of On The Record, we examine Deere’s Population of 20-Store Dealers On the Rise. In the Technology Corner, we take a look at Carbon Robotics Developing New “Thinning” Function for LaserWeeder. Also in this episode: AGCO & Kubota Sign Right to Repair MOUs, Deere Reports Rising Large Ag Price Realization - Lower Production Costs and Dealers’ Most Pressing Concerns.