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Higher Farm Income, Gov’t Programs May Support 2020 Equipment Sales

October 16, 2019 | Posted in Data & Trends
In the U.S., the Farm Income Forecast, released by USDA on Aug. 30, showed net farm income is forecast to see a $4 billion increase or a 4.8% improvement in 2019, following increases in both 2017 and 2018. Adjusted for inflation, that amounts to $2.5 billion or 2.9%. Net cash farm income was also forecast to rise by $7.6 billion or 7.3%; adjusted for inflation, this amounts to $5.8 billion or 5.4%. 
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Baltimore Port Closure to Impact High Horsepower Tractor Imports & Exports

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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