The Current State of Agriculture in North
America
People
who make their living in the agricultural field know one thing is certain: No
two years are ever exactly alike because the number of factors that define a
year’s planting and harvest season is overwhelming.
Because
our conveyor belting solutions are prominently used in North American
agriculture, we wanted to breakdown the state of the industry and harvest in a
two-part blog series. To begin, let’s get a feel for where agriculture is at a few months into 2014.
Below, we’ve broken down the industry by factors and topics.
Weather
This
past winter was one for the record books. In the western parts of North America,
drought conditions ruled the day. Currently, 100 percent of California is
suffering from
some level of drought, but conversely, much of the rest of North America was slammed by an extended and harsh winter
that saw both record snowfall and unmatched
low temperatures.
As you might imagine, any type of extreme weather condition will directly impact
both planting and fieldwork.
Crop Progress and Condition
As we
mentioned before, no two years are alike, and this is also the case when it
comes to states and regions. One helpful tool, at least for the U.S., is the USDA’s State Crop Progress and
Condition website.
This site allows you to get detailed reports on the current and past crop
reports.
Current Prices and Equipment
Sales
Though
prices are currently lower than last year, the numbers coming in show that
projected acres planted are significantly lower in corn and soybean. This is
something to keep an eye on because it might shock prices down the road. The
same goes for equipment sales as they are directly linked to prices and
planting levels.
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