Monday, May 3, 2021

Hottest Used Machinery Market Since 2013

 
 
 
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May 3, 2021
 
 
 
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Labor Shortage, Wet Weather Cause Lumber Prices to Surge 359%
 
Lumber prices are up 69% since the start of 2021. It's a complex supply and demand issue that boils down to three different bottlenecks, all of which stem from a labor shortage.
 
 
 
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How Does Your Operation Use Technology?
 
50% of farmers think precise control of machine settings to improve yields and reduce input costs is the most important reason to adopt precision ag technology. Do you agree? Fill out our survey and share your voice.
 
 
 
 

EPA has 60 days to decide on the fate of chlorpyrifos. A Federal appeals court in San Francisco says the agency has delayed acting on the widely used bug killer for nearly 14 years.

 
 
 
 
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Used equipment values continued rising right through April 2021 after the second-biggest quarterly jump (7.8 to 8.5) ever on Machinery Pete "Used Values Index" Overall Index Rating.

 
 
 
 
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After years of work with USB and the Soy Checkoff, Goodyear Tire is now committing to phasing out all petroleum from its products by the year 2040, using soybean oil in its place.

 
 
 

Ample supplies of fed cattle continue to hang over the market as feedlots struggle to get more current. Beef packers have very large margins and appear to be trying to push kills in the face of limited capacity.

 
 
 
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One supermarket chain is trying out a new way to get your groceries to you. Details in today's AgDay Minute.

 
 
 
Today's Markets
 
 
 
 
 
 
 
 
 
 
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