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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.

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.

ELFF Releases Ag Equipment Market Outlook Report

January 29, 2020 | Posted in Data & Trends

Continued adoption and integration of new technologies to improve crop yields and meet the soaring demand for food are expected to be key influencers for growth in the agriculture market, according to a new study, Vertical Market Outlook Series: Agriculture Equipment released by the Equipment Leasing & Finance Foundation.

Minneapolis Fed Bank Report Cites Ongoing Farm Stress for Rise in Bankruptcies

March 28, 2019 | Posted in Data & Trends

“Continued low prices, high production expenses and extreme weather is leading to more farm stress, including higher chapter 12 bankruptcies," says a March 22, 2019, report in the Minneapolis Federal Reserve Banks’s recent issue of Fedgazette.

Minneapolis Fed: Farm Balance Sheets ‘Increasingly Stressed;’ Bankruptcies on the Rise

Low crop and livestock prices also bleeding through to ag bank loans

November 15, 2018 | Posted in Data & Trends

Source: Minneapolis Federal Reserve Bank

Feedback from farmers, agricultural lenders, suppliers, and other interests in the ag sector, gathered informally by the Minneapolis Fed over the past year or so in meetings and other venues, has suggested that farm balance sheets are increasingly stressed.

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AGCO Reports $1.4 Billion in 2023 Tractor Revenue

New Holland Informs Dealers of Restructuring Details

Baltimore Port Closure: Tractor Imports & Exports Impacted, Deliveries Delayed

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Baltimore Port Closure to Impact High Horsepower Tractor Imports & Exports

In this episode of On the Record, brought to you by Weasler Engineering, we look at how the Port of Baltimore's closure will alter the flow of high horsepower tractors in and out of the country. In the Technology Corner, Noah Newman talks about some changes coming to drone operation regulations. Also in this episode, Kazakhstan's potential for the North American ag equipment industry and what 2024 holds for the sprayer market.

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