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Agriculture
Intelligence Report

Paul Kindinger

Recent Posts

Jan 5, 2022

Japan Goes Big for U.S. Corn

Net export sales of U.S. corn got a major boost from Japanese buyers in late December. Japanese customers committed to buy 385,800 metric tons of U.S. corn for delivery in the 2021-22 marketing year, helping push total U.S. sales to Japan to more than 1.2 million tons.

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Jan 5, 2022

Agriculture Waits for Big Decisions on Supreme Court Cases

Some sectors of the ag industry are eagerly watching the Supreme Court as the justices decide whether to hear petitions filed over housing standards for sows, the summertime use of E-15 ethanol blend, and wetlands regulation. The court is scheduled to discuss the petitions and announce its...

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Jan 5, 2022

6 Steps to Increase Service Department Profits

By Bob Clements, Founder & CEO of Bob Clements International

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Jan 5, 2022

Ag Labor Shortages:  A Trend That’s Sticking

An ag economist expects labor shortages to continue for the foreseeable future. Nick Paulson, with the University of Illinois, says labor is in short supply with fewer people in the workforce compared to pre-pandemic levels. “The outlook from our perspective is that’s probably not something that...

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Jan 5, 2022

Counselor Says Managing Farm Stress Has Changed

A mental health counselor says dealing with stress on the farm has changed in the past few years. Jessica Beauchamp from Off the Couch Counseling and Consultation says, “It’s probably always existed. People are just reaching out more now.”

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Dec 15, 2021

AEM Survey Shows Equipment Manufacturers’ Optimism for 2022

While the U.S. and global economies have continued to grow, the pace has slowed over the second half of 2021. But in the construction and agriculture equipment industries, stronger-than-expected growth this year has many manufacturers feeling optimistic about 2022.According to results from AEM's...

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Dec 15, 2021

November Ag Equipment Sales Remain Strong

According to the Association of Equipment Manufacturers, sales of all categories of agricultural equipment were up year-to-date (January through November). The 2WD tractor category increased by 11.2% with 100+ HP tractors leading the way, up 23.4%. For the 4WD category, sales were up by 17.1%....

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Dec 15, 2021

Cropland Values Soar by 15% in the Midwest and Plains

High commodity prices and low interest rates fueled a sharp 15% increase in the value of cropland in the Midwest and Plains in the third quarter, according to surveys of ag bankers by four regional Federal Reserve banks (Chicago, Kansas City, Minneapolis and Dallas). “Alongside prospects for...

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Dec 15, 2021

U.S. Farm Exports to Set a Record

According to the USDA, agricultural export sales are forecast at a record $175.5 billion this fiscal year, but just like the record set last year, the crest was not as high as it looked in the summer.

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Dec 15, 2021

Farmers Rank John Deere Top Tractor Brand

In the recently released 2021 Progressive Farmer Reader Insights Study, John Deere was ranked the top tractor brand in the Most Durable, Best Ownership Experience and Highest Owner Loyalty categories for full size tractors.                                     

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Dec 8, 2021

USDA Revised Forecast Shows Highest Farm Income Level Since 2013

USDA's Economic Research Service (ERS) updated the 2021 farm sector profit projections last week. The ERS now forecasts U.S. net farm income to increase by $18.4 billion from 2020 to $116.8 billion in 2021. Net farm income is a broader measure of farm sector profitability that incorporates noncash...

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Dec 8, 2021

Farmer Concern Over Rising Costs in 2022 Increases While 2021 Financial Performance Improves

The Purdue University/CME Group Ag Economy Barometer slipped 5 points in November to a reading of 116 as farmers continue to be concerned about the future outlook for the agricultural economy.

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Dec 8, 2021

Is Marketing Worth It When Dealers Can't Get Inventory?

As you should know, Certified Agriculture Dealerships are the ONLY agriculture facing program in the entire automotive industry. Farmers will ALWAYS give their business to a specialty agriculture store first, IF they have that option in the market. Which they DO, with YOU. 

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Dec 8, 2021

Sanctions on Potash Fertilizer Imports Lifted Temporarily

Sanctions on some potash fertilizer imports are being temporarily lifted which should help ease shortages.

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Dec 8, 2021

Livestock Trucking Industry Also Struggling with Labor Shortages

Labor shortages continue to plague the ag industry, and the livestock sector is no exception. Jara Settles with the Livestock Marketing Association says the labor squeeze goes beyond processing facilities. “Even our own livestock auction markets members have been seeing labor as a huge challenge,”...

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