In this podcast we dive into a new report from Goldman Sach's on the $240 billion market that exists for precision farming technology to address the 70% increase in food production by 2050, Farmobile's acquisition of Prime Meridian, an increase in landscapers equipment spending, Deere's June retail sales, Art's Ways second quarter earnings and Clean Seed Capital's acquisition of Harvest International.
In today's newscast we dive into a new report from Goldman Sach's on the $240 billion market that exists for precision farming technology to address the 70% increase in food production by 2050, Farmobile's acquisition of Prime Meridian, an increase in landscapers equipment spending, Deere's June retail sales, Art's Ways second quarter earnings and Clean Seed Capital's acquisition of Harvest International.
The 446 farmers who responded to the 4th Annual Strip-Till Operational Benchmark Study strip-tilled 469,425 acres in 2016, up 12% over the previous year’s total of 433,004 acres.
According to a Dec. 13 report in Agrimoney.com, MetLife thinks the official estimates for this year’s U.S. harvest may be too large and that there will be a global production “pullback,” that could result in the new year being a “turning point” for grain prices.
In the latest episode we discuss Farm Credit Canada’s outlook for ag equipment sales in 2016 and 2017, the results of the latest Strip-Till Operational Practices Benchmark and the Precision Farming Dealer Benchmark studies, some positive signs in the latest Dealer Sentiments & Business Conditions Update and how concerned producers are over the impact of severe weather on crop yields this year.
Agriculture will take any good news where it can get it. Yesterday's World Agricultural Supply and Demand Estimates from USDA was less mundane than expected as it helped extend a small run up in corn futures when the ag agency actually trimmed the U.S. harvest
In today's newscast we look at what a record harvest could mean for equipment sales, news of the first gallons of commercial-scale cellulosic ethanol being produced, Art's Way's second quarter results and dealers report sales growth in 5 out of 11 regions.
In addition to significantly increasing crop yields, a new report from USDA suggests that intensifying land use could be another way to meet the rapidly expanding demand for ag commodities.
In today's newscast we look at whether recent severe weather in Iowa and Nebraska will have any negative impact on crop yields and equipment sales, declining sales for irrigation companies, rising new and used equipment inventories and changes to crop insurance subsidies.
John Deere announced today an alliance with Dawn Equipment Company, Inc., a manufacturer specializing in ground engaging tools and active control systems for planters. The alliance allows John Deere to sell and support Dawn hydraulic-controlled down-force systems, row cleaners, and closing wheels for planters.
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The announcement of a partnership between New Holland and Bluewhite was one of the big precision stories of the summer. West Coast New Holland dealers now have the rights to sell, distribute and service Bluewhite’s aftermarket autonomy kits.