Pik Rite Poultry Litter Solution, Agriculture Production Costs Decline: This Week’s Industry News

Want to keep up with the latest news for farmers? Check back every Thursday for a quick recap of recent happenings in the agriculture industry.

Pik Rite Poultry Litter Solution
Pik Rite has introduced a compost shredding and spinner casting spreader that spreads poultry litter with a wide pattern. Features include direct drive, clutch protected driveline, adjustable back panel to meter material flow and quick detach capability. Beaters can be fit on the HR (2-stage hydraulic push off) or HP (heavy duty pintle chain) series spreaders.

U.S. Agriculture Production Costs Sharply Decline in 2015
U.S. farmers spent $362.8 billion on agricultural production in 2015, down 8.8 percent from 2014, reversing a long-term trend of growing costs, according to the Farm Production Expenditures report, published by the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS). Feed and farm services, the two largest expenditure categories for U.S. farmers in 2014, both declined 8.2 percent last year. Producers spent $58.5 billion on animal feed, and $41.6 billion on farm services in 2015. One of only two expenditure categories that increased last year was livestock, poultry and related expenses, on which the producers spent $45.4 billion last year, an increase of 0.7 percent from 2014.  The other was miscellaneous capital expenditure at 700 million, an increase of 16.7 percent.