The Association of Equipment Manufacturers (AEM) has released its February numbers, and although they are showing a mixed bag in both the U.S. Canada, combine sales have spiked. And not just by a small increase either — a whopping 247 per cent year-over-year increase in Canada, and a 165 per cent bump in the U.S.... Read More
Category: Commodity Classic
Fendt, who released the Momentum planter at last year's Commodity Classic, debuted the latest updates at this year's show with a focus on dry fertilizer applications. The Momentum planter has features designed to put more money in the farmer's pocket including in-line tandem wheels, as opposed to side by side, which therefore eliminates pinch-rows. Additionally,... Read More
With increasing demands for commodities and a desire by many to work smarter not harder, automation within farm equipment has taken a front seat and Raven is dedicated to creating autonomic solutions for new and traditional farm machinery. Commodity Classic in New Orleans was the backdrop for the introduction of Raven's Omnipower 3200, the latest... Read More
Soybean farmers are riding the wave as the market continues to see a strong global demand creating a multitude of opportunities for growers. Caleb Ragland, director with the American Soybean Association (ASA), says although the input prices remain high, commodity prices also remain high, creating an offset that will likely be very favourable for soybean... Read More
Supply chain issues continue to cause disturbances as the U.S. IP soybean market has product but is finding it increasingly difficult to secure transportation to export to the countries with the highest demand. As Canadian producers are working to fulfill contracts around the world, producers south of the border are looking to do the same... Read More
It seems the only certainty in the ag industry is knowing there will always be a level of uncertainty. Knowing this, Agricultural Economic Insights (AEI) have designed a tool to help farmers forecast commodity prices within specific timeframes, share their predictions, and even get a payout if they are the most accurate. David Widmar, with... Read More
After being back on the road and attending several trade shows filled with machinery, one thing is certain — combines aren't getting smaller, and neither are the headers. Kevin Forth, tactical marketing manager for Fendt, was on hand at Commodity Classic at New Orleans, Louisiana, to showcase the latest addition to the Fendt IDEAL combine... Read More
As producers start to prepare for the upcoming seeding season, equipment manufacturers are also preparing for what could be another successful year for their industry. Despite all of the challenges that came with the pandemic, including persistent supply chain shortages, the ag equipment industry has seen strong sales over the course of the last two... Read More
It's not easy to get a handle from an economic perspective on what some of the outcomes and the impacts are of the Russian invasion of Ukraine. It's already caused inflationary pressure, as Russia becomes cut off from the rest of the world, but as Kevin McNew, chief economist at Farmers Business Network (FBN), explains,... Read More
The electrical current that makes the global supply chain run is reliability and predictability. If ever someone had "unplugged" that current, it's now. Mike Steenhoek, executive director of the Soybean Transportation Coalition, says that the past few weeks and few years have been a real eye-opener for some, that what happens half-way across the globe... Read More