Data & Trends

Lower Expenses, Increased Value of Ag Production Projected to Improve Net Farm Income in 2019

USDA’s Economic Research Service updated its farm profitability projections for 2019 on March 6. It reported net farm income, a broad measure of profits, is forecast to increase $6.3 billion (10%) from 2018 to $69.4 billion in 2019, after decreasing $12.billion (16%) in 2018. Net cash farm income is forecast to increase $4.3 billion (4.7%) to $95.7 billion.
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Big Ag Equipment Sales Flat in January

January 2019 ag equipment sales were a tale of two countries. “U.S. growth of 3% was offset by an 11% decline in Canada,” Mircea (Mig) Dobre, RW Baird, said in his summary of ag equipment sales reported by the Assn. of Equipment Manufacturers.
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Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.
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