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Parts Supply Chains, Farm Equipment and What's Next
Farm equipment sales typically follow farm commodity prices. When farmers can sell their crop at a higher price, naturally they have more money to upgrade their equipment to become more efficient. It’s simple economics. But what happens when the companies manufacturing new, cutting-edge tractors, planters and harvesters can’t build farm equipment because a global pandemic shakes up manufacturing supply chains?
Revolutionizing Agriculture: The Role of Robotics, AI, and Big Data in Modern Farming
Agriculture has been moving towards more innovative solutions that help farmers to reduce costs and optimize their operating processes. Innovations such as robotics, digitalization, and automation have significantly advanced in the past years and address the increased food demand, labor shortages, and the need for sustainable processes in the sector.
2023 Trends That Will Drive Change in the Food and Agriculture Industries
2022 brought new challenges to the world economy and the agricultural industry. We’ve witnessed the consequences of COVID-19 and war in Europe, leading to rising gas and electricity prices, continuous difficulties in sourcing ag equipment, and parts scarcity. However, food demand hasn’t decreased, and growers still face the challenge of feeding a fast-growing population.