INDUSTRY NEWS

An online tool is now available to help ranchers document and estimate payments to cover feed transportation costs caused by drought, which are now covered by the Emergency Assistance for Livestock, Honeybees and Farm-raised Fish Program (ELAP).

Overall unit sales of both ag tractors and combines continue their growth above an already-hot pace set in 2020, according to the latest data from the Association of Equipment Manufacturers (AEM).

Highlights

Progressive Forage provides a look at 2021 U.S. and major forage state cropland and pastureland values, as well as cropland and pastureland rental rates per acre.

The USDA has released details of a plan to help cover the cost of transporting feed for livestock that rely on grazing and are located in regions affected by the drought.

All segments return to the black for August in the U.S., while Canada ekes out small gains according to the latest data from the Association of Equipment Manufacturers (AEM).

“There are definitely two different markets for ag tractors and combines,” explains Curt Blades, senior vice president (VP) of ag services for the Association of Equipment Manufacturers (AEM). “You have farmers that are using small tractors. You also have a lot of folks that might have an acreage, or a small or large homestead where they need a tractor to perform some chores there.”