Industry News

New Holland To Enter Sprayer Business
New Holland Agriculture and Miller-St. Nazianz Inc. have announced a new relationship where Miller will produce New Holland-branded self-propelled sprayers, Farm Equipment has learned.

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.

Trucking Dispute Intensifies as Mexico Expands Tariff Target List
The Mexican government revised and expanded a list of products it is slapping with tariffs as retaliation for the United States' failure to comply with NAFTA's provisions that allow Mexican truck drivers to operate in the United States.

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.

U.S. stands to pick up wheat exports forfeited by Russia
The U.S. stands to gain a good share of the wheat export market that Russia is forfeiting due to the Russian government's decision to halt grain exports until the end of the year, according to John Anderson, an economist with the American Farm Bureau Federation.

Vilsack, Canadian ag minister conclude productive meeting
Canadian Minister of Agriculture Gerry Ritz and Secretary Tom Vilsack yesterday concluded a productive meeting on the two nations' shared agricultural interests.