Construction, Forestry, and Ag News
As a provider of off-highway tires to the construction, forestry and agriculture industries, we're always on the lookout for great news and insights from the media and the blogosphere. We've assembled six noteworthy stories from this past week that have caught our eyes.
- Declining commodity prices will reduce the 2014 profits of U.S. farmers by 21% compared to previous year. This update from the Department of Agriculture reports on how 2015 is shaping up.
- Confidence in the equipment leasing and finance industry is at a six-month high thanks to improved consumer confidence due to lower gas prices and lower unemployment nationwide.
- Shipments in total construction aggregates increased by 9% in third quarter 2014 compared to the same time period in the previous year. Read the details here.
- U.S. House of Representatives has extended a series of tax breaks to help promote investment in equipment.
- This article from the Montana Grain Growers annual convention provides good insights into how U.S. farmers are dealing with the complex 2014 Farm Bill.
- Thanks to editor Rob Stanhope at TimberWest magazine, here's an excellent article on how British Columbia's forest sector is poised for growth to feed burgeoning new home construction in the U.S. but may run up against constraints in timber supplies.
Feel free to add your commentary on these or any other breaking topics in the comments section below.
