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Falling Farm Income May Hurt Ag Equipment Makers

 

The likelihood of a big drop in farmers' income this year is dimming prospects for sales of companies that supply such agricultural equipment as irrigation systems, an analyst said Friday.

The Agriculture Dept. said Thursday net farm income will fall this year to $54 billion, down 38 percent from the preliminary estimate of $87.2 billion for last year.

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Managing Your Farm Business with Evan Shout – Part 1

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In this three-video series, Evan Shout, President of Maverick Ag Ltd, provides business management tips and tricks to help take your operation to the next level. In part one, Evan shares the biggest mistake that farm operators make when evaluating decisions and the benefits of knowing your accrual basis accounting number