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The farm gate value of a cultivated product in agriculture and aquaculture [1] is the market value of a product minus the selling costs (transport costs, marketing costs). [ 2 ] The market value is not the same as the price farmers get for their product, as (if an auction is used), the value they get per weight may be well below the market price.
The Lone Star State also has the most farms and ranches and the highest value of farm real estate in the United States. A total of 127,036,184 acres (514,097.20 km 2) in Texas are occupied by the state's 248,416 farms and ranches. [2] Texas agriculture yields $24.92 billion annually in cash receipts. [3]
The competition for track-type farm equipment increased in 1925 when the Holt Manufacturing Co. and the C. L. Best Co. of San Leandro, California, merged to form the Caterpillar Tractor Co. When wheat dropped to 25 cents a bushel in 1931, farmers could not afford new farm implements and the new Avery Power Machinery company could not pay its debts.
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Mahindra Tractors (India) Erkunt (Turkey)(part of Mahindra) ArmaTrac; Mahindra; Mitsubishi Agricultural Machinery (Japan)(own 33.3%) Trakstar (formerly Mahindra Gujarat and Shaktimaan brands) Mancel (France) Majevica (Serbia) Massey Ferguson (US)(part of AGCO Corporation) McCormick Tractors (Italy)(part of ARGO SpA) Millat (Pakistan)
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