2018 Worldwide Equipment Sales Sees Slight Shift

On a regional basis, the most significant shifts in 2018 occurred with AGCO’s South American sales, which declined by 3% compared to the previous year.

Krone North America Moving Headquarters to Mississippi
Krone announced plans to move its headquarters and parts distribution from Memphis, Tenn. to Olive Branch, Miss.
Major Equipment Makers Report Solid Sales for 2018
Both AGCO and CNH Industrial announced 2018 year-end sales results earlier this month. It would be safe to say that both posted strong numbers for the year.
North American Farm Equipment Sales Mixed in January
January 2019 saw increases in U.S. sales of self-propelled combines and 4WlD tractors as well as total U.S. 2WD tractor sales compared to January last year, according to the latest data from the Assn. of Equipment Manufacturers (AEM).

More Editors' Picks

Mergers & Acquisitions

With Acquisition of Pichon, Samson Now EU’s Largest Slurry Tanker Producer
A specialist manufacturer of high capacity manure application equipment claims to have become the largest producer of slurry tankers in Europe as a result of acquiring Pichon Industries, the market leading manufacturer in France.
Alamo Group to Acquire Dutch Manufacturer of Landscape and Vegetation Management Machinery
The Alamo Group of Seguin, Texas, says it has entered into an agreement to acquire 100% of the outstanding capital shares of Dutch Power Co .B.V., a privately held equipment manufacturer based in the Netherlands.
Dana Set to Shift to Electrification Resources Through Acquisition of SME Group
Dana is building its portfolio of products and expertise in anticipation of a forthcoming shift to electrical propulsion for agricultural and other off-highway vehicles by acquiring an Italian specialist in the field.

Earnings Reports

Lemken’s 2018 Sales Jumps 6%
German farm equipment manufacturer Lemken reports that it was able to grow its business in the past year even though conditions proved generally difficult.
Deere Posts 1Q19 Net Sales Increase of 16%; Ag & Turf Up 10%
Deere & Co. reported net income of $498.5 million for the first quarter ended Jan. 27, 2019 compared with a net loss of $535.1 million for the quarter ended Jan. 28, 2018.
CNH Industrial’s 2018 Consolidated Sales Rise 7%; Ag Sales Up 9.4%
CNH Industrial showed a strong year-over-year sales gain in 2018. The company reported consolidated revenues of $29.7 billion for the full year, up 7% compared to 2017. Net sales of Industrial Activities were $27.8 billion for the year, up 8% vs. 2017.

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Ag-Pro Companies Expands Further into Ohio

The latest episode of On the Record is now available! In this week’s program the Kansas City Federal Reserve Bank reports loans for financing farm equipment improved in the 4Q of 2018. Ag-Pro Companies expands to now having 20 stores in Ohio. Also in this episode, AGCO, CNH Industrial and Art's Way report their fiscal 2018 earnings.

January 2019 Tractor and Combine Analysis

By Charlie Glass

Tractor and combine sales for 2019 indicate an improvement over 2018 and the strength of the general economy will continue to power the smaller horsepower tractor sales.

What’s Ahead for Farmland Values?
Land makes up 82% of total assets for the North American agricultural industry. Because farm and ranchland is the key financial bedrock of farming, close scrutiny of market and price trends is required to gage the general health of the industry.
How the 2018 Farm Act Funds Will be Spent
The Agriculture Improvement Act of 2018 (2018 Farm Act) was signed into law Dec. 20, 2018, and will remain in force through the end of fiscal year 2023, although some provisions extend beyond 2023.
Top 10 Equipment Acquisition Trends for 2019; Ag Equipment Likely to Peak
Given U.S. businesses, nonprofits and government agencies will spend over $1.8 trillion in capital goods or fixed business investment (including software) this year, financing a majority of those assets, these trends impact a significant portion of the U.S. economy.

2018 Worldwide Equipment Sales Sees Slight Shift

Krone North America Moving Headquarters to Mississippi

Major Equipment Makers Report Solid Sales for 2018

North American Farm Equipment Sales Mixed in January

Mergers & Acquisitions

With Acquisition of Pichon, Samson Now EU’s Largest Slurry Tanker Producer

Alamo Group to Acquire Dutch Manufacturer of Landscape and Vegetation Management Machinery

Dana Set to Shift to Electrification Resources Through Acquisition of SME Group

Earnings Reports

Lemken’s 2018 Sales Jumps 6%

Deere Posts 1Q19 Net Sales Increase of 16%; Ag & Turf Up 10%

CNH Industrial’s 2018 Consolidated Sales Rise 7%; Ag Sales Up 9.4%

Free Webinar

How to Increase the Value of Your Business

Featured Video

Ag-Pro Companies Expands Further into Ohio

Data & Trends

January 2019 Tractor and Combine Analysis

What’s Ahead for Farmland Values?

How the 2018 Farm Act Funds Will be Spent

Top 10 Equipment Acquisition Trends for 2019; Ag Equipment Likely to Peak

Podcasts

[Podcast] On the Record: Ag-Pro Companies Expands Further into Ohio

[Podcast] On the Record: Precision Technology Leading Ag Equipment's Future

[Podcast] On the Record: Machinery Costs Put Pressure on Net Farm Income

Featured Products

2019 AEI Dealer Business Outlook and Trends (PDF) - Farm Equipment Forecast

2019 AEI Dealer Business Outlook and Trends - Farm Equipment Forecast

Big Shortline Report: A Listing of Specialty Ag Equipment Manufacturers (PDF)

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