Friday June 21 Ag News

Rural Mainstreet Economy Down for 10th Straight Month
Farmland Prices Fall for a Second Consecutive Month

For a 10th straight month, the overall Rural Mainstreet Index (RMI) sank below growth neutral, according to the June survey of bank CEOs in rural areas of a 10-state region dependent on agriculture and/or energy.

Overall: The region’s overall reading for June sank to 41.7 from 44.2 in May. The index ranges between 0 and 100, with a reading of 50.0 representing growth neutral.

“Higher interest rates, weak agriculture commodity prices and sinking agriculture equipment sales pushed the overall reading below growth neutral for the 10th straight month,” said Ernie Goss, PhD, Jack A. MacAllister Chair in Regional Economics at Creighton University’s Heider College of Business.

Farming and ranching land prices: After rising above the growth neutral threshold for 53 straight months, the region’s farmland slumped below growth neutral for a second consecutive month to 49.9, but it was up from May’s 47.9. “Only 4.3% of bank CEOs reported that farmland prices expanded from May levels,” said Goss.

According to trade data from the International Trade Association, regional exports of agriculture goods and livestock for 2024 year-to-date were down 4.1% from the same period in 2023.

Farm equipment sales: The farm equipment sales index for June dropped to 31.8 from 34.0 in May. “This is the 12th time in the past 13 months that the index has fallen below growth neutral. Higher borrowing costs, tighter credit conditions and weak grain prices are having a negative impact on the purchases of farm equipment,” said Goss.

“Delinquency rates for farm and business loans on Rural Mainstreet have remained virtually unchanged over the past six months according to bank CEOs,” said Goss. Furthermore, only 8.7% of bankers have increased their farm loan rejection rates, while approximately 13.0% and 4.3%, respectively, reported restructuring or reducing the loan-to-value ratios.

Below are the state reports:
Nebraska: The Nebraska RMI for June sank to 39.5 from 41.8 in May. The state’s farmland price index for June increased to 48.5 from 46.7 in May. Nebraska’s June new-hiring index sank to 46.0 from 48.2 in May. According to trade data from the International Trade Association, exports of agriculture goods and livestock for 2024 year-to-date were up 33.8% from the same period in 2023.

Iowa: June’s RMI for the state increased to 48.0 from May’s 40.6. Iowa’s farmland price index for June declined to 50.9 from 52.2 in May. Iowa’s new hiring index for June increased to 49.0 from 47.7 in May. According to trade data from the International Trade Association, exports of agriculture goods and livestock for 2024 year-to-date were up 20.3% from the same period in 2023.  

The survey represents an early snapshot of the economy of rural agriculturally- and energy-dependent portions of the nation. The Rural Mainstreet Index is a unique index covering 10 regional states, focusing on approximately 200 rural communities with an average population of 1,300. The index provides the most current real-time analysis of the rural economy. Goss and Bill McQuillan, former Chairman of the Independent Community Banks of America, created the monthly economic survey and launched it in January 2006.



Nebraska Farmers Union Supports Including Mandatory Country of Origin Labeling into Farm Bill

Nebraska Farmers Union (NeFU) is asking Nebraska Senators Fischer and Ricketts to support Sen. Rounds’ efforts to include mandatory MCOOL (Mandatory Country of Origin Labeling) into the next Farm Bill. NeFU is asking meat producers and meat consumers to call, write, or email Senators and Ricketts to include MCOOL in the next Farm Bill.

NeFU President John Hansen said NeFU was the first ag organization he is aware of to adopt policy supporting MCOOL dating back to 1984. “The resolution came from District 7 at the behest of then NeFU District 7 Director John Goeller of Stanton, who just recently passed away. Director Goeller said U.S. farmers and ranchers produced the highest quality meat in the world, and meat consumers needed the basic information as to where the meat in the grocery store came from so meat consumers could made an informed meat purchasing decision. Goeller argued that U.S. meat producers deserved to have the superior quality meats they produced honestly and fairly labeled, and that Made in the U.S.A. should include born, raised, and processed.”

“What Director Goeller argued for on behalf of meat consumers and meat producers in 1984 was spot on true then, and is still true 40 years later in 2024. There is nothing that can be done in the next Farm Bill that is more “Farmer Friendly” than including MCOOL,” Hansen said. “MCOOL is about honesty and transparency in the meat buying marketplace for food consumers, and fundamental economic fairness to the livestock producers who work so hard and do such a wonderful job of producing the safest, best tasting, and highest quality meat in the world.”

Hansen said “According to the latest USDA data, Nebraska ranks #1 in Cattle on Feed, #2 on all cattle and calves, and in red meat production. Livestock production is a primary economic driver. U.S. livestock producers are at an unfair economic disadvantage when the countries the U.S. exports to has MCOOL, yet our domestic producers do not have the same benefit. That is a fundamentally unfair competitive disadvantage that should no longer be tolerated.”

NeFU is asking meat producers and consumers to call and email Nebraska Senators Fischer and Ricketts to ask them put sign Sen. Rounds’ letter to the Senate Ag Committee leadership to put good old fashioned “Farmer Friendly” honesty and fairness into the Farm Bill.  



Highly Pathogenic Avian Influenza Detected in a Sac County Turkey Flock

The Iowa Department of Agriculture and Land Stewardship and the United States Department of Agriculture (USDA) Animal and Plant Health Inspection Service (APHIS) have detected a case of Highly Pathogenic Avian Influenza (HPAI) in a commercial turkey flock in Sac County, Iowa. This is Iowa’s 3rd detection of HPAI within poultry in 2024.

About HPAI
HPAI is a viral disease that affects both wild and domestic bird populations as well as lactating dairy cattle. HPAI can travel in wild birds without those birds appearing sick, but is often fatal to domestic bird populations, including chickens and turkeys. With supportive care, dairy cattle recover with little to no mortality associated with the disease.

Heightened Biosecurity  
The Iowa Department of Agriculture and Land Stewardship is strongly encouraging Iowa poultry producers and dairy farmers to bolster their biosecurity practices and protocols to protect their flocks and herds. The Iowa Department of Agriculture and Land Stewardship has biosecurity recommendations for dairy herds to utilize. In addition, the Department has numerous other biosecurity resources for poultry producers and livestock farms to reference on its website. Farmers or farm workers who interact regularly with both dairy and poultry or who interact frequently with other farm workers in poultry or dairy, should take extra precautions to limit possible transmissions.

Suspected Cases in Poultry
If poultry producers or those with backyard birds suspect signs of HPAI, they should contact their veterinarian immediately. Possible cases must also be reported to the Iowa Department of Agriculture and Land Stewardship at (515) 281-5305.

Clinical signs of HPAI in birds may include:  
    Sudden increase in bird deaths without any clinical signs
    Lethargy and/or lack of energy and appetite
    Decrease in egg production
    Soft, thin-shelled and/or misshapen eggs
    Swelling of the head, eyelids, comb, wattles, and hocks
    Purple/blue discoloration of the wattles, comb, and legs
    Difficulty breathing
    Coughing, sneezing, and/or nasal discharge (runny nose)
    Stumbling and/or falling down
    Diarrhea



USDA Livestock Mandatory Reporting Swine and Pork Industry Stakeholder Meeting

USDA’s Agricultural Marketing Service (AMS) will conduct a stakeholder meeting to seek feedback on current swine and pork marketing methods and the USDA AMS Livestock Mandatory Reporting (LMR) program.  AMS is interested in receiving views on current swine and pork marketing methods, challenges with reporting market information, general presentation of AMS market news information, and other enhancements the agency can make to meet industry needs.

The meeting will be held August 21-22, 2024, at the:
Hampton Inn & Suites Des Moines Downtown
120 SW Water Street
Des Moines, Iowa 50309

The first session will be held on August 21 from 8 a.m. to 5 p.m. CT. Attendees may participate in person or virtually in this session. The meeting will be recorded webinar and posted on the AMS website.  Virtual participants should register in advance at: https://www.zoomgov.com/webinar/register/WN_qexCWg3nRKSdnB_DlxsmXA.  After registering, you will receive a confirmation email with additional instructions.

The second session will be held on August 22 from 8 a.m. to 4 p.m. CT as an in-person event only.

Seating capacity is limited to 50 attendees for both sessions.

For more information, please contact Michael Sheats, Director of the Livestock, Poultry, and Grain Market News Division, at (202) 690-3145 or Michael.Sheats@usda.gov.



Record High Pork Production in May

Commercial red meat production for the United States totaled 4.62 billion pounds in May, up 1 percent from the 4.59 billion pounds produced in May 2023.

Beef production, at 2.33 billion pounds, was 1 percent above the previous year. Cattle slaughter totaled 2.75 million head, down 3 percent from May 2023. The average live weight was up 46 pounds from the previous year, at 1,395 pounds.

Veal production totaled 3.5 million pounds, 16 percent below May a year ago. Calf slaughter totaled 17,700 head, down 27 percent from May 2023. The average live weight was up 42 pounds from last year, at 335 pounds.

Pork production totaled 2.28 billion pounds, up slightly from the previous year. Hog slaughter totaled 10.6 million head, down slightly from May 2023. The average live weight was up 1 pound from the previous year, at 290 pounds.

Lamb and mutton production, at 11.5 million pounds, was up slightly from May 2023. Sheep slaughter totaled 187,000 head, slightly above last year. The average live weight was 121 pounds, unchanged from May a year ago.

By State                      (million lbs  -  % May '23)
Nebraska ........:              659.7            106       
Iowa ..............:              753.2             98       
Kansas ...........:               517.7            105       

January to May 2024 commercial red meat production was 23.0 billion pounds, up 1 percent from 2023. Accumulated beef production was down slightly from last year, veal was down 11 percent, pork was up 2 percent from last year, and lamb and mutton production was up 1 percent.



Weekly Ethanol Production for 6/14/2024

According to EIA data analyzed by the Renewable Fuels Association for the week ending June 14, ethanol production scaled up 3.3% to 1.06 million b/d, equivalent to 44.39 million gallons daily. Output was 0.5% more than the same week last year and 3.2% above the five-year average for the week. The four-week average ethanol production rate rose 1.0% to 1.06 million b/d, which is equivalent to an annualized rate of 16.22 billion gallons (bg).

Ethanol stocks climbed 1.7% to a 4-week high of 23.6 million barrels. Stocks were 3.6% more than the same week last year and 7.3% above the five-year average. Inventories built across all regions except the Midwest (PADD 2).

The volume of gasoline supplied to the U.S. market, a measure of implied demand, hiked 3.8% to 9.39 million b/d (144.28 bg annualized)—the highest weekly level since the start of November 2023. Demand was 0.1% more than a year ago and 3.4% above the five-year average.

Refiner/blender net inputs of ethanol tracked gasoline demand, rising 2.1% to 931,000 b/d, equivalent to 14.31 bg annualized. Net inputs were 3.1% more than year-ago levels and 3.2% above the five-year average.

Ethanol exports were estimated at 76,000 b/d (3.2 million gallons/day), or 39.2% less than the prior week. There were zero imports of ethanol recorded for the 39th consecutive week.



U.S. Headed for Record Ag Trade Deficit

After decades of substantial U.S. agricultural trade surpluses, the U.S. is forecast to experience a record trade deficit for the second year in a row. American Farm Bureau Federation economists analyzed the factors contributing to the deficit in their latest Market Intel report.

According to the analysis, the forecast $32 billion deficit is caused by a multitude of factors, one of which is rising imports of fresh fruits and vegetables. American produce farmers face significant challenges in competing with less expensive foreign-grown produce, most notably a lack of affordable and available farm labor.

“Production of many fresh fruits and vegetables is extremely labor intensive,” AFBF economist Betty Resnick writes in the Market Intel. “For U.S. agricultural production broadly, labor accounts for about 10% of expenses. For fruit and vegetable production – labor costs account for 38.5% and 28.8% of input costs, respectively.”

Factors contributing to decreased agricultural export values include falling commodity prices for American crops and a strong U.S. dollar.

“The strong U.S. dollar is making U.S. products less competitive on currency exchange alone,” Resnick explains. “For instance, Japan is consistently a top-5 market for U.S. agricultural products. The Japanese yen is the lowest it has been against the U.S. dollar since 1990 and half of its value from only 12 years ago, in 2012. While this exchange rate is great for U.S. tourists visiting Japan, it is very difficult for Japanese consumers seeking to purchase quality U.S. products.”

Further complicating matters, the U.S. has not entered into trade agreements with new countries since 2012 while other countries have signed agreements of their own.

“This is a difficult time to be a farmer, and looking ahead at another year with a record ag trade deficit proves that,” said AFBF President Zippy Duvall. “Our farmers are facing high labor costs — if they can hire help at all, competition from growers in other countries and stagnant, outdated trade agreements. I hope Congress and the administration see this historic deficit as a wake-up call and work to implement policy changes to address these challenges.”

This is the fourth time in six years the U.S. has faced an agricultural trade deficit. Prior to fiscal year 2019, the U.S. had not experienced an agricultural trade deficit since at least 1967, and possibly not in its entire history.



Thinner Crop Profits and Tighter Credit Conditions
Nate Kauffman and Ty Kreitman, KC Fed Reserve

Farm income and credit conditions in the Tenth Federal Reserve District tightened in the first quarter of 2024. According to the Survey of Agricultural Credit Conditions, farm incomes retracted at a sharp pace, farm loan repayment rates declined at a modest pace and loan demand rose notably. Conditions tightened comparatively more in states with greater reliance on crop revenues and less in more cattle heavy areas. As lenders entered the renewal period for annual operating lines, loan denials were very limited but many reported an uptick in carryover debt and loan restructuring to meet liquidity needs.

Conditions in the U.S. farm economy have tightened alongside lower prices for many key products and higher financing costs. Many lenders highlighted growing concerns about deterioration in working capital as a result of low prices, particularly for crop producers. Strength in cattle prices, however, has supported incomes for many cow/calf producers. A larger share of banks also reported higher loan demand following multiple years of subdued credit utilization, a sign that strength in farm finances built up in recent years has moderated. A continuation of subdued crop prices throughout 2024 would likely drive further tightening in agricultural credit conditions and elevated interest expenses could put additional pressure on farm borrowers.

Section 1: Farm Income and Credit Conditions
The pace of decline in farm income in the Tenth District continued to accelerate in the early months of 2024. The share of lenders reporting that farm income was less than a year ago reached 60%, the highest since early 2020. Strong cattle prices supported profits for cow/calf producers in recent months, but a steep decline in prices of many key crops weighed on farm incomes over the past year.

The pace of decline in farm income was notably faster in states with more reliance on crop revenues. More than 70% of lenders reported lower farm income than a year ago in Kansas, Missouri and Nebraska, states with higher share of revenue from crop production. In the other District states where cattle account for higher shares of revenue, less than a third of banks responded that incomes were down from a year ago.

Non-real estate farm loan demand picked up considerably as profits thinned. Similar to farm income, the share of banks reporting that demand for non-real estate farm loans was higher than a year ago rose to the highest level since 2019 and neared 40%. As loan demand increased, availability of funds declined at a modest pace throughout the region.

Capital spending slowed at a modest pace alongside lower incomes, but growth in household spending held firm. Capital spending by farm borrowers decreased at a gradually faster pace in the first quarter, typical during periods of lower farm income. Household spending however, continued to rise at a steady pace alongside broad inflationary pressure.

Other key measures of agricultural credit conditions showed signs of modest deterioration. Farm loan repayments rates declined in the District at the fastest pace since early 2020. At the same time, renewals and extensions increased at the fastest pace since 2020 and collateral requirements tightened at a modest pace.

Instances of carryover debt rose slightly alongside thinner profit margins during the past year. About 15% of farm borrowers, on average, had an increase in the amount of debt not covered by profits compared with the same time a year ago. Instances of carryover debt grew in all states in the region, but were particularly pronounced in Missouri.

Cases of restructuring to meet liquidity needs were also higher, but loan denials remained limited for most lenders. About 5% of farm loans in the District, on average, involved restructuring to meet liquidity needs which was slightly higher than previous years but well below the levels of 2016-2020. Loan denials remained minimal, staying below 2% on average throughout the region.

Section 2: Interest Rates and Farmland Values
While credit conditions softened and loan demand picked up, farm loan interest rates remained slightly above historical averages. Alongside relatively steady benchmark interest rates, average rates on all types of farm loans were largely unchanged from the previous quarter. Interest charges on agricultural loans remained slightly above the 30-year average, however, keeping financing costs elevated for agricultural producers reliant on financing.

Despite broad moderation in the farm economy and higher interest rates, growth in farmland values remained firm. The value of all types of farmland, on average, grew by 5% or more from a year ago throughout the District. Following tepid growth throughout 2023, cash rents on all types of land rose modestly in the first quarter.

Lenders in the region expected both farmland values and cash rents to be flat going forward. Looking ahead to the next three months, 75% of respondents expected the value of nonirrigated farmland to be unchanged compared with a year ago and 85% expected cash rents to be unchanged. Equal shares of the remaining respondents anticipated increases and decreases in the coming months, highlighting expectations of generally stable conditions for farmland markets.



RFA, NFU File Lawsuit Challenging EPA’s Unlawful Vehicle Emissions Standards

The Renewable Fuels Association and National Farmers Union filed a lawsuit Monday in the D.C. Circuit Court of Appeals challenging the U.S. Environmental Protection Agency’s recently finalized light- and medium-duty vehicle emissions standards.

RFA and NFU filed the suit because EPA clearly lacked the authority to adopt the regulation, which essentially mandates the production of battery electric vehicles while, at the same time, ignoring other technologies—like low-carbon ethanol and flex fuel vehicles—that reduce emissions from light- and medium-duty transportation.

“EPA grossly exceeded its statutory authority by finalizing regulations that effectively mandate the production of EVs, while blatantly excluding the ability of flex fuel vehicles and low-carbon, high-octane renewable fuels like ethanol to achieve significant vehicle emissions reductions,” said RFA President and CEO Geoff Cooper. “By relying on the false premise that battery electric vehicles have ‘zero emissions’ and no impact on the climate, the regulation essentially forces automakers to swiftly ramp up the production of EVs and phase out liquid-fueled vehicles that could actually deliver the same—or better—emissions reductions. America’s ethanol producers and farmers would be severely injured if EPA’s regulation were allowed to stand.”

“We are disappointed that the EPA has missed a critical opportunity to recognize the significant benefits of higher-level ethanol blends in its recent regulation,” said Rob Larew, President, National Farmers Union.  "By focusing solely on battery electric vehicles, the EPA overlooks the proven advantages of ethanol, which include reducing carbon emissions, improving air quality, and increasing octane. This decision not only undermines efforts to reduce emissions but also harms America’s farmers. Ethanol is a readily available, cost-effective solution that can make an immediate impact in our fight against climate change.”

RFA and NFU filed the lawsuit separately from other challenges to ensure that ethanol producers and farmers have a strong and independent voice in the proceedings, as the EPA regulation presents numerous issues and challenges unique to the ethanol industry and the farmers who grow renewable fuel feedstocks.

Addendum from Geoff: “We expect some of our arguments will be a bit different and more nuanced, as not all liquid fuels have the same carbon impacts or will be impacted in the same way by EPA’s rules. We expect to focus on issues within the EPA regulations that specifically impact ethanol producers and the farmers who supply our industry, such as EPA’s failure to account for the carbon reduction benefits of high-octane mid-level ethanol blends, flex fuels like E85, and flex fuel vehicles.”



Build healthy, productive and sustainable soils with these four methods to celebrate National Soil Health Day

A healthy field begins with healthy soil. It serves as the foundation for economical and environmental success and allows farmers to work with their land instead of against it. This National Soil Health Day on June 23 the United Soybean Board (USB) celebrates soil health initiatives and best practices to build healthy, productive and sustainable soils. National Soil Health Day reminds us the importance of continuous improvement and it’s a time to affirm our commitment to implementing practices that keep our soil healthy now and in the future.

Farmers know more than anyone that the health of soil impacts crop yields. Through initiatives like the Farmers for Soil Health program which offers a cost-share to plant cover crops, USB empowers farmers to implement conservation measures that improve soil fertility and resilience.

“As a locally-driven program, Farmers for Soil Health offers farmers a way to earn additional revenue for the conservation practices they are using,” said Steve Reinhard, USB Chair and Ohio farmer. In addition to helping economic sustainability, planting cover crops also offer environmental benefits. Steve shares, “With planting rye, barley and red clover as a cover crop on our farm, we’ve seen improved soil tilth, more organic matter in the soil and it helps manage our nutrients better.”

So, what’s the secret to healthy soil? Here are four major factors in healthy, productive and sustainable soils:
    Microbial Activity: Healthy soils are full of microbial life that is essential for moving nutrients around and keeping the soil healthy. By promoting practices that enhance microbial activity, farmers can improve soil health.
    Soil Carbon Enrichment: Cover crops and other soil management practices enhance soil carbon levels, improving soil structure and moisture retention. This not only enhances crop productivity but also lessens erosion and preserves water quality.
    Optimized Soil Drainage: Effective drainage systems allow for aerobic rather than anaerobic conditions. Controlled systems prevent nutrient loss, creating ideal growing conditions for crops.
    Sustainable Soil Structure: Conservation practices like no-till or reduced tillage help maintain soil health, minimize erosion and reduce environmental impact. By preserving soil structure, farmers can enhance soil health while promoting long-term sustainability.

As a farmer-led initiative, Farmers for Soil Health encourages adoption of new practices to build long-term soil health. By providing technical assistance, the program advances practices like cover crops to meet sustainability and profitability goals. This collaboration between the soy checkoff, the National Pork Board and the National Corn Growers Association highlights the collective commitment to soil health and regenerative agriculture.

“The heart of Farmers for Soil Health is really to help get funding back down to the farm level, to help farmers de-risk when they take on a new practice,” said Jack Cornell, director of sustainable supply at the United Soybean Board. “We’re ultimate stewards of the land, and this is an example of a program that showcases to the global community that we are putting forth our best effort to help with climate resiliency and show stewardship of the land we manage.”

This National Soil Health Day, farmers can sign up for the Farmers for Soil Health Marketplace. It not only provides cost-share and technical assistance on the production level but builds connections on an open trading platform that empowers them to set their prices and determine the profitability of their practices. For more information on enrolling in the program or to learn about other soil health initiatives, please visit farmersforsoilhealth.com.



USDA moves to gain better understanding of forest and grazing conservation practices

This summer, the Conservation Practice Adoption Motivations Survey (CPAMS), a joint project between USDA’s National Agricultural Statistics Service (NASS) and Natural Resources Conservation Service (NRCS), will be mailed to 43,000 forest and grazing landowners and managers across the nation. The CPAMS gathers information to understand why people choose to use different conservation practices, and whether they continue to use practices over time. The data will help improve voluntary conservation programs. NASS will mail an invitation to respond early online at agcounts.usda.gov starting June 24. NASS will mail questionnaires on July 8 with the option for survey recipients to respond online, by mail, or fax. If NASS does not receive completed questionnaires by July 28, they may reach out to schedule interviews. A data highlights publication is scheduled for October 2024 and will be published at nass.usda.gov.

Four different conservation categories are researched through CPAMS overall: crop practices, confined livestock practices, grazing practices and forestry practices. This year, NASS will survey grazing practices and forestry practices. Crop practices and confined livestock practices were surveyed in 2022. The grazing sample respondents are randomly selected from NASS records of operations that meet the grazing land criteria. The forestry sample respondents are determined by the USDA Forest Service area frame determination of wood or forest landowners.

“By responding to CPAMS, you can help shape the future of conservation, agriculture, and orestry,” said NASS Administrator Joseph L. Parsons. “With better data to help us understand how conservation fits into existing agriculture and forest management operations, program resources can be focused on where they will be most effective. I encourage everyone who receives a CPAMS questionnaire to respond.”

Protected by federal law, responses are confidential and used for statistical purposes only. No single respondent can be identified from the published data.

“Your input will help improve our voluntary conservation programs, including technical and financial assistance,” said NRCS Chief Terry Cosby. “By responding to CPAMS, you also help document and give credit to your ongoing stewardship of America’s agricultural forest land resources.”

Previous CPAMS data are available on the Highlights page of the NASS website. For more information, visit nass.usda.gov/go/CPAMS. For help with the CPAMS questionnaire, call 888-424- 7828.



RAZOR TRACKING ANNOUNCES MIXED-FLEET TELEMATICS INTEGRATION WITH CNH

Case IH and New Holland customers can now see their support vehicles equipped with Razor Tracking devices in the same platform.

CNH partnered with Razor Tracking to develop an integrated system that would allow customers' equipment and tracked assets to be viewed together in either the Razor Tracking platform or the platforms of CNH (AFS Connect for Case IH customers, or MyPLMConnect for New Holland customers). www.RazorTracking.com/CNH

"This is all about making things easier for our customers," said Dan Danford, Precision Technology Partner Manager from CNH. "By enabling our customers to make their Case IH and New Holland vehicles visible in Razor Tracking and then view all of their tracked assets in their connected platform, we're helping them simplify their farm management demands."

This integration allows Razor Tracking and CNH customers to monitor their equipment, service vehicles, and non-powered equipment in either platform. In addition to seeing GPS location, Razor Tracking devices will also provide vehicle VIN, fuel remaining, hours, location pings, engine running, location history, heading, and speed; when available.

"We are proud to be the preferred provider of a complete solution for CNH," said Eric Mauch, Managing Partner of Razor Tracking. "Our devices are the perfect complement to any operation with CNH equipment."

The Razor Tracking platform has significantly expanded in the last several years; and has set out to provide the most user-friendly telematics system in the industry. In 2019, Razor Tracking set out to provide an open data platform and expand its product to allow partners and resellers to embed Razor Tracking technology into their platform or onboard through a reseller program. To learn more, visit RazorTracking.com/integrations.