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Agriculture
Intelligence Report

Paul Kindinger

Recent Posts

May 1, 2023

A Lesson in How to Stay Relevant in Ag Retail

The Editors of Crop Life Magazine have been busy accumulating frequent flyer miles as they criss-cross the country visiting with ag retailers, including independents, nationals and cooperatives to learn how business for these companies has changed since 1984 and how they stay relevant.

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May 1, 2023

3 Farmland Market Drivers to Consider Right Now

Doug Hensley is President of Hertz Farm Management. He says, “Since the first of the year, there haven’t been many highs made in the land market in the Midwest. Whether you’re in Illinois, Iowa, Southern Minnesota or Nebraska, it’s all the same story - strong land values, but no new highs.”

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May 1, 2023

John Deere to Have an All-electric Tractor by 2026

Whenever he talks about electric tractors, Jon Gilbeck always gets the inevitable question: When will big green tractors be electric powered? Well, don't expect any battery-powered 7R or 8R John Deere tractors anytime soon, but you can expect a smaller electric-powered John Deere tractor in a...

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May 1, 2023

New Interest in Fiber Hemp

Manufacturers want to use fiber hemp in textiles and other products. Manufacturing demand for fiber hemp is seen as strong. There aren’t enough farmers producing hemp to satisfy market demand.

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Apr 24, 2023

CAD Partner “Rural Minds” Sponsors “Connections” Free Webinar

If you were tuned into this year’s AgRally, we announced our partnership with Rural Minds to confront the mental health challenges in rural America and the stigma that surrounds mental illness.

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Apr 24, 2023

Farmers Borrow Less as Average Interest Rate on Operating Loans Exceed 7.5%

Sharp interest rate increases slammed the brakes on farmer borrowing, according to a quarterly survey of bankers conducted by the Kansas City Federal Reserve.

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Apr 24, 2023

Global Rice Shortage Possible in 2023

In 2023, the global market for rice could face its biggest shortage in decades, according to industry analysts. Production of rice is dropping and the industry is expected to experience its largest deficit between supply and demand in 20 years, according to Fitch Solutions, a credit ratings agency...

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Apr 24, 2023

CNH Industrial Exits Russia

CNH Industrial announced recently the divestiture of its business activities in Russia for a total consideration of approximately $60 million. This follows the company's announcement in March 2022 that it was suspending supplies to this market. Up until now, the payment of employee salaries and...

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Apr 24, 2023

Food Security Drives China to Cut Soymeal Use in Animal Feed

China's agriculture ministry recently issued a three-year action plan to reduce soymeal use in animal feed as it tries to reduce its heavy reliance on soybean imports.

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Apr 24, 2023

Fewer Dairy Farms - More Cows Per Farm

About 6% of U.S. dairy farms quit milking cows in 2022, but that was a slower rate of decline than in the past five years, according to the annual USDA Milk Production Report, which summarizes the previous year. The report was published on March 20.Twenty years ago, there were 70,375 dairy herds in...

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Apr 24, 2023

Just for Fun Satire: The Celeb-backed Milk Alternative Made of ...Wood?

Parks and Recreation star Aubrey Plaza has released a video showcasing her game-changing product to compete in the milk industry: wood milk.  Click on the link below to watch the video:

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Apr 20, 2023

What Happened to New Equipment Sales?

For 4WD tractors and combines – It’s off the chart. Sales have exploded with 4WD tractor sales up 106% in March 2023 versus the same month in 2022. Year-to-date sales of that same category are up 50.7%, according to the latest sales report from the Association of Equipment Manufacturers (AEM)....

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Apr 20, 2023

A Second Judge Sides with Farmers by Halting WOTUS Rule

American Farm Bureau Federation (AFBF) President Zippy Duvall calls a second U.S. District Court ruling to halt the 2023 Waters of the United States (WOTUS) Rule a win for farmers. The ruling, out of North Dakota, stops implementation of the rule in 24 states. The first ruling, out of Texas, halted...

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Apr 20, 2023

U.S.-Mexico Corn Dispute Could Drag on All Year

If the United States takes its complaint against Mexico’s ban on imports of GMO white corn to a USMCA panel, it could take 155 days — until late December or even January — for a final resolution, although a U.S. victory is likely, said three Ohio State University (OSU) analysts. Mexico would then...

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Apr 20, 2023

Stronger Biosecurity is Reducing the Spread of Bird Flu

Fewer than 900,000 birds in domestic flocks have died due to highly pathogenic avian influenza (HPAI), otherwise known as “Bird Flu”, this year, said the USDA. The department recently completed a review of bird flu outbreaks that date from February 2022.

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