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Art's Way Improves Profitability Despite Ongoing Ag Market Headwinds

ARMSTRONG, Iowa — Art's Way Manufacturing Co. Inc., a diversified manufacturer and distributor of equipment serving agricultural and research needs, announces its financial results for the second quarter of fiscal 2025.

President, CEO and Chairman Marc McConnell reports, "We are pleased to show operational progress and improved profitability during our second quarter despite challenging market conditions in the ag equipment space. During the quarter, we benefited greatly from sustained performance from our Modular Buildings segment while our Agricultural Products segment continued to see modest demand. We remain focused on enhancing our products and customer experience while also further improving our balance sheet and cashflow positions. We are pleased with our progress on these fronts and believe we are on firm footing to work through the uncertainty of the current environment with cautious optimism."

Consolidated -– Continuing Operations

  • Sales of $6,337,000 for Q2 2025, 5.8% decline from Q1 2024. Six-month sales of $11,478,000, 7.8% decline from the first six months of fiscal 2024.

  • Six-month gross profit improvement of 3.8% compared to the first six months of fiscal 2024.

  • Operating expenses reduced by 15.3% for the six months ending May 31, 2025 compared to the same period in fiscal 2024.

  • Net income of $1,426,000 for the six months ending May 31, 2025, $1,855,000 improvement from same period in fiscal 2024. We received an Employee Retention Credit refund during the six months ending May 31, 2025 that positively impacted net income by $1,154,000.

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US “Flash Drought” Worst in 133-160 Years + Disease taking a Bite out of US 2025 Corn/Soybean Crops

Video: US “Flash Drought” Worst in 133-160 Years + Disease taking a Bite out of US 2025 Corn/Soybean Crops


A dry August and a “flash drought” in the ECB (Eastern Corn Belt) the driest top 10 to 15 years in 150 to 160 years (Ohio the driest in 133 years) plus disease is taking a bite out of the 2025 U.S. corn and soybean crops.
It's going to be an early harvest. This could be the start of the 89-year drought cycle that may have been delayed until 2026 as La Nina maybe returning.
The USDA September crop report is all about record corn ears and record soybean counts but the October USDA crop report will be about pod and ear weights.
Stats Canada reported higher forecasts for the 2025 Canadian Prairies all wheat and canola crops vs. last year based on satellite imagery but are they overestimating production?
The 2025 Great ON Yield Tour and Quebec crop tours are projecting corn and soybean crops below the 10-year average.
China's Vice Commerce Ministry Li Chenggang visits Washington this week as we continue to connect the dots is a positive sign towards a China/U.S. trade deal. But will U.S. farmers have a winter without China as they buy more soybeans from Uruguay/Argentina? U.S. Northern Plain soybean farmers are seeing red with flat prices at $8.97/bu!
U.S. corn exports on record pace up 99% vs. last year.
Fund short covering continues in corn futures bottom is in!