Industry News

Agriculture News & Trends

Mahindra Tractors file a 26% rise
The integral part of the U.S. $7.1 billion Mahindra Group, Farm Equipment Sector (FES) has been on a high since the start of this fiscal. In

Monsanto announces program expansion
At the Farm Progress Show in Boone, Iowa this week, Monsanto announced full launch of the America's Farmers Grow Communities program. John Raines, Monsanto Customer Advocacy Lead said the program is moving beyond the pilot phase and into 1201 counties in 38 states. The program gives farmers a chance to win $2,500 for their community.

Agriculture helps keep unemployment rates low
A report in the publication Business Insider points out that eight of the ten states with the lowest unemployment rates have one thing in common-agriculture. North and South Dakota lead the way with unemployment rates of 3.6 and 4.4 percent, respectively. Nebraska is third at 4.7, followed by New Hampshire and Vermont. At number seven is Kansas with an unemployment rate of 6.5. Wyoming is eighth, and Iowa is number ten at 6.8.

Vilsack notes strength of rural economy and growth of farm exports in new USDA reports
WASHINGTON, D.C. -- Agriculture Secretary Tom Vilsack today released the following statement in response to two USDA reports that show the strength of the overall rural economy and growth in agricultural exports:

New Poll Of Agri-Marketers Shows Continued Short And Long Term Optimism
A poll conducted among corporate agribusiness executives last week showed the majority think the current ag economy is positive and are expecting an even better environment over the next 12 months.

Poll Finds Agribusinesses Have Positive Outlook
The outlook for American agribusiness is upbeat, according to the first DTN/The Progressive Farmer Agribusiness Confidence Index. The index, launched August 23, is designed to measure sentiment in the agribusiness sector.

Drought Drives Decade-Long Decline in Plant Growth
Global plant productivity that once was on the rise with warming temperatures and a lengthened growing season is now on the decline because of regional drought according to a new study of NASA satellite data.

Ag Economist: Today's Farmer Should Think Like A CFO
Farmers who want to make money in today's unpredictable economy would do well to assume a corporate mindset and think like a chief financial officer, a Purdue University agricultural economist says.

Farm Bureau: U.S. Agriculture Paying Price For Inaction On Mexican Trucks
Mexico's trade retaliation against the United States is expanding in size and scope due to the U.S. government not meeting obligations to allow Mexican trucks to operate in the United States. Due to this inaction, America's farmers and ranchers are paying a steep price and the American Farm Bureau Federation is calling for immediate action to correct the matter.

Study: Global Demand for Farm Equipment to Reach $124 Billion in 2014
World demand for agricultural equipment is forecast to rise 4.5 percent per year through 2014 to $124 billion.