Results of the December 2018 Purdue University/CME Group Ag Economy Barometer indicates that U.S. farmers aren’t sure making capital expenditures for their farms is a good idea just yet.
In 2017, the total wholesale volume of agricultural machinery in Brazil reached 42,800 units. This is 1.7% higher than in 2016. It is the first year of growth after 4 consecutive years of retraction, according to data from the country’s National Assn. of Automotor Vehicle Manufacturers (Anfavea).
Despite the recent good news on the rising prices for soybeans and corn, overall USDA is projecting the lowest U.S. agricultural trade balance in more than a decade in 2016.
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Precision ag pioneer Al Myers is a member of the Farm Equipment Shortline Legends Hall of Fame 2024 class. It’s been almost 35 years since the Ag Leader founder introduced the groundbreaking Yield Monitor 2000.