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Wisconsin Smaller Dairy Farms Produce Smaller Net Returns

August 21, 2020 | Posted in Data & Trends
The nature of dairy farming in the U.S. is undergoing a radical transformation and nowhere close to being over. It’s part of a pattern being seen in other parts of the agriculture, including grain farming and ag equipment dealerships where today’s economics dictate that bigger means better net returns.
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Pandemic Adds Pressure to Farm Finances in 2Q20

August 18, 2020 | Posted in Data & Trends
The effects of the COVID-19 pandemic continued to pressure the agricultural economy and weighed on farm finances in the Tenth District. Farm income declined in the second quarter at the quickest pace since 2016, and weaknesses in both income and borrower liquidity were expected to carry into the coming months.
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Changing Conditions of Farm Bankruptcies

August 17, 2020 | Posted in Data & Trends
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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CEMA August 2020

European Dealer Sentiment Back to Pre-COVID-19 Level

August 11, 2020 | Posted in Data & Trends
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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