USDA's third Crop Progress report of the year reports 3% of the country's soybean crop is in the ground, and corn planting is 6% complete. Here's a look at planting progress, or the lack thereof, across the U.S.
This week Machinery Pete takes a deep dive into used equipment auction data and what it might mean to the dealer network. He also shares the details on a two-decades-old tractor that sold for more than $141,000.
In addition to the Drought Monitor, Brad Rippey, USDA meteorologist, recommends monitoring these two maps, which also serve as indicators of planting conditions this spring.
Unrelenting inflation continues to weigh down the U.S. economy and agriculture. Still, CoBank says it believes the Fed will stick with its decision to cut interest rates three times in 2024.
Shipping might have been easier back in the days of Columbus in light of shallower water levels in the Panama Canal, terrorist attacks on commercial ships in the Red Sea and a 350% increase in ocean freight shipping costs in recent years.
