This document provides an analysis of the agriculture equipment sector. It includes sections on North American equipment sales, commodity and food prices, farm income in major countries, the top farming states in the US, food processors, the role of technology in farming, and the relationship between government and farming. The presenter is identified as an expert in various fields including risk management, business processes, and emerging technology.

1. Agriculture Equipment
Sector – Analysis and
Commentary
PAUL YOUNG CPA CGA
NOVEMBER 12, 2020

2. Paul Young - Bio
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Financial Solutions
• SME – Business Process Change
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com

3. Agenda
 North American AG Equipment Sales / July 2020
 Commodity Prices
 Food Prices
 Farming Income
 Top Farming States
 Food Processors
 Technology and Farming
 Government and Farming
 Summary

4. North American Equipment Sales
Source - https://www.aem.org/Market-Data/

5. Commodity
Prices
Source – BMO -
https://economics.bmo.com/
en/publications/detail/341ab
ac3-adf2-4a25-ad7f-
82a2a329f907/

6. Food Prices
 Canada Food Prices - https://cfjctoday.com/2020/07/30/food-prices-on-the-rise-amid-covid-19-
pandemic/
 USA Food Prices - https://www.reuters.com/article/us-usa-economy/us-consumer-prices-push-higher-
high-unemployment-likely-to-keep-lid-on-inflation-idUSKCN2581SA
 World Food Prices - https://www.ontariofarmer.com/business/farm-business/world-food-prices-rising
 Food Prices - https://www.thepigsite.com/news/2020/10/new-study-explores-food-prices-around-the-
world

7. Farm Income
 Farming Income in Canada has been struggling for the past few years -
https://www150.statcan.gc.ca/n1/daily-quotidien/191126/dq191126b-eng.htm
 USA farm income and aid - https://www.agriculture.com/markets/newswire/us-farm-income-expected-to-
rise-in-2019-but-only-because-of-government-aid
 AG subsidies - https://www.agriculture.com/news/business/world-farm-subsidies-hit-2-billion-a-day

8. Top Farming States
Source - https://www.statista.com/statistics/196114/top-10-us-states-by-number-of-farms/

9. Food Processors
 Source - www.fao.org or https://www.globenewswire.com/news-release/2019/09/04/1910664/0/en/Food-Processing-Market-to-Exceed-4-Trillion-
by-2024-Key-Trends-Analysis-Opportunities-to-Succeed.html

10. Technology and Farming
 AI is transforming farming - https://www.forbes.com/sites/cognitiveworld/2019/07/05/how-ai-is-
transforming-agriculture/#1fa34bec4ad1
 AI and farming - https://customerthink.com/the-role-of-artificial-intelligence-in-agriculture-sector/
 IBM and farming - https://farmtario.com/news/ibm-expands-artificial-intelligence-platform-into-
agriculture/
 RPA and Farming - https://blog.accubits.com/robotic-process-automation-in-agribusiness/
 IBM and Expert Farming - https://www.prnewswire.com/news-releases/farmplan-using-ibm-pairs-to-
predict-blackgrass-weed-before-it-damages-crops-301151067.html
 AG App - https://www.techrepublic.com/article/farming-assistant-app-agrolly-wins-ibms-call-for-
code-contest/
 Smart farming - https://farmingfirst.org/2020/10/transforming-agriculture-through-smart-farming-
from-data-ownership-to-open-data/

11. Government / Farming
 Elimination of trade barriers - https://www.slideshare.net/paulyoungcga/what-is-next-for-for-global-
trade-protectionism
 More emphasis on local supply chain management solutions -
https://www.slideshare.net/paulyoungcga/tranformation-of-supply-chains
 Tax fairness and regulatory reforms - https://www.slideshare.net/paulyoungcga/does-the-world-need-
a-wealth-tax
 Government provides direct subsidies and/or loans to farmers
 Government needs to revisit all their programs to ensure various programs are efficient and effective -
https://www.slideshare.net/paulyoungcga/market-food-protein-market-analysis-and-commentary or
https://www.oag-bvg.gc.ca/internet/English/parl_lpt_e_934.html or https://thetyee.ca/Opinion/2016/03/08/BC-
Carbon-Tax-Failure/
 Automation can help with automation of audits - https://www.slideshare.net/paulyoungcga/internal-audit-and-
performance-base-auditing

12. Summary
 All levels of government need to work together to better support the agriculture
and food processing sector
 The world needs to unite to fixed issues with WTO
 More balanced between environmental and economic policies.