Items Tagged with 'USMCA'

ARTICLES

What About Capital Expenditures?

By Dave Kanicki posted on March 4, 2020 | Posted in Analysis & Commentary

So, we’ve heard a lot from USDA about commodity prices and projected planted acres for 2020, but little or nothing about capital expenditure expectations. It exists but doesn’t capture much attention from much of the ag industry. I suppose this is because most farm spending is dependent on commodity prices.

Ag Industry Responds to U.S. Senate Passage of USMCA

January 16, 2020 | Posted in Ag Equipment Business

The U.S. Senate passed the U.S.-Mexico-Canada Agreement by a bipartisan vote of 89-10. With passage through both congressional chambers, USMCA will now move to the president’s desk for signature.

U.S. House of Representatives Approves USMCA Trade Deal

December 19, 2019 | Posted in Ag Equipment Business

The U.S. House of Representatives passed a bill to enact President Donald Trump’s U.S.-Mexico-Canada Agreement (USMCA) on Dec. 19, 2019, by a vote of 385-41. The measure now goes to the Senate, which The Hill reports is also expected to pass following the conclusion of Trump’s impeachment trial.

Countries Sign USMCA Trade Deal

November 30, 2018

The trade agreement replaces the North American Free Trade Agreement (NAFTA) and has been met with praise among ag industry leaders.

Ag Producer Sentiment Improves; Still Cautious of Large Purchases

November 6, 2018 | Posted in Data & Trends

Producers’ views of making large farm investments — such as the purchase of new machinery — improved in October, though they still remain cautious about making such investments.

On the Record

[Podcast] Will USMCA alleviate U.S. Dairy Supply Situation?

October 12, 2018 | Posted in Ag Equipment Worldwide, Biofuels

In this podcast we discuss the impact the new United States-Mexico-Canada Agreement could have on the U.S. dairy market. We also discuss some of the results of Ag Equipment Intelligence's recently published 2019 Dealer Business Outlook & Trends report, including dealers' outlook for profitability in 2018 and hiring plans. Other topics covered include an uptick in credit denials for farmers and the opportunity for ethanol in China.

AEM September Ag Equipment Report Shows U.S. Tractor, Combine Sales Up

October 11, 2018

U.S. sales of self-propelled combines gained 9% in September compared to last year, and U.S. sales of 4-wheel-drive tractors grew 52% month-over-month.

USDA Chief Says Tariff Relief Package Could be Less Than First Anticipated

October 10, 2018

Source: Reuters

Agriculture Secretary Sonny Perdue told Reuters on Tuesday that the aid package, known as the Market Facilitation Program (MFP), could end up shrinking after the U.S., Canada and Mexico struck an agreement to update NAFTA.

Trump Touts New Trade Pact with Canada, Mexico

October 2, 2018

The pact may give U.S. farmers additional access to Canadian markets, which could facilitate additional equipment sales. Initial reaction from industry officials was generally optimistic, though some pointed out that other trade hurdles still exist that the new agreement doesn’t address.

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[Technology Corner] Pessl Instruments CEO Talks Dealer Benefits From Lindsay Corp. Investment

Today, we’re looking at Austria-based Pessl Instruments, an agtech provider operating under the METOS brand. Irrigation equipment manufacturer Lindsay Corporation recently acquired a minority interest in Pessl Instruments following a strategic partnership the 2 companies announced in May 2023.

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