Farmers Borrowing Less and Tractor Sales Soar
Thursday Apr 22nd, 2021 From the Ag Information Network, I’m Bob Larson with your Agribusiness Update. The USDA is looking to buy as much as 485,000 cartons of domestic grapes for the school lunch program and other federal food and nutrition assistance programs.
According to www.thepacker.com, bids from U.S. grape shippers are due April 27th.
Accepted bids will be announced by May 11th, and fresh grape deliveries are to be made between May 31st and July 28th.
Questions can be directed to Nick Wiber at Nick.Wiber@usda.gov.
www.thepacker.com/news/industry/usda-looks-buy-485000-cartons-domestic-grapes?mkt
Ag News: Farmers Borrowing Less and Tractor Sales Soar
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Ag News: Farmers Borrowing Less and Tractor Sales Soar
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U.S. Tractor, Combine Sales Were Up in November
USAgNet - 12/14/2020 According to the Association of Equipment Manufacturer s monthly Flash Report, the sale of all tractors in the U.S. during November were up 41% compared to the same month last year.
Agri Marketing magazine reports that for the 11 months in 2020, a total of 263,122 tractors were sold which compares to 226,143 sold thru November 2019 representing a 16% increase year to date.
For the month, two-wheel drive smaller tractors (under 40 HP) were up 47% from last year, while 40 & under 100 HP were up 28%. Sales of 2-wheel drive 100+ HP were up 24%, while 4-wheel drive tractors were up 91%.