Hi manoj,
When examined over the last two decades, the last five USDA Censuses of Agriculture offer valuable insight into the history of farm financials and where farmer spending might go in the future.
In this report, USDA Ag Census Reference Guide: 20 Years of Essential Agricultural Data (2002-2022), Ag Equipment Intelligence editors have gathered this data and compiled them to reveal how farmers have changed their practices in key areas of agriculture, such as machinery ownership, farm income and farm expenses.
Use this report as a tool for trying to understand how manufacturers and dealers' customer base is set to change in the coming years, particularly when it comes to what they will buy and what crops they will grow.
Some highlights from the report include:
- Farm machinery ownership among farms, including a breakdown of tractor ownership by horsepower over the last 20 years
- Farms by their size and values of sales, in addition to their economic class (by market value of ag products sold)
- Changing market value of ag products sold by U.S. farms, breaking value down by average per farm and the total value of key commodities grown
- Farm production expenses examined by categories, including total farm expenses, seeds purchased and hired farm labor
- And more!
Get your copy of this report today and read it cover-to-cover. There’s no other report of its kind anywhere, because no one else has the depth of data and expertise to cover trends in dealership growth opportunities like Ag Equipment Intelligence.
Best Regards,
Kim Schmidt
Executive Editor
Ag Equipment Intelligence
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