Dealers Expect 2019 Revenue Growth_AEI_0119.jpg

Dealers Expect 2019 Revenue Growth to Moderate in Rural Lifestyle Segment

Slightly fewer dealers who focus on the rural lifestyle segment of the equipment business expect 2019 revenues to match the levels they experienced in the past year. Nonetheless, a majority of them anticipate solid sales revenues during the next 12 months.

Fed’s January Book Reveals Agriculture Sector Continues to Struggle
The Federal Reserve Board released the most recent edition of its Beige Book. The report contains observations on the economic situation for each of the 12 Federal Reserve Districts.
CNH Industrial Launches New Organizational Structure
CNH Industrial announced it is laying the foundation for accelerated global growth and profitability by changing its organizational structure and strengthening and focusing its Global Executive Committee.
All U.S. Tractor Categories, Combine Sales Up in December
The Assn. of Equipment Manufacturers' December U.S. Ag Tractor and Combine Report shows all machine categories recorded year-to-date growth as 2018 closed out.

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Mergers & Acquisitions

Heritage Tractor Acquires Legacy Farm and Lawn
John Deere dealer Heritage Tractor announces its expansion through the acquisition of Legacy Farm and Lawn.
H&R Agri-Power & Ag-Pro Most Active M&A Dealers in 2018
Dealer consolidation continued in a big way in 2018 and H&R Agri-Power and Ag-Pro Companies made the biggest moves in 2018.
Dealer Group Ag-Pro to Make Its Presence Known in Midwest
Ag-Pro Companies, already the largest North American farm equipment dealership group based on the number of locations, has not only added 10 new locations but it has expanded its regional influence with the acquisition of Ohio-based JD Equipment.

Earnings Reports

Brazilian Machinery Sales Grew in 2018
The latest report from Brazil’s Anfavea reveals that year-over-year tractor sales in December jumped by 19.2% and 11.2% compared to November 2018. For the full year, sales reached 39,301 units compared to 35,913 sold during the previous year, an increase of 9.4%.
Buhler Industries Reports 2018 Year End Earnings
Buhler Industries has announced its 2018 year-end financial results.
Growing North American Sales Boosts Claas’ Revenues to Record Levels
Increased sales in North America helped Claas secure a new record level of revenues during its financial year to the end of September 2018.

Webinar Replay

‘Stuck in Neutral’: The Federal Reserve Bank’s Outlook for Agriculture

In this webinar replay, Nathan Kauffman, Vice President and Omaha Branch Executive of the Federal Reserve Bank of Kansas City, breaks down the key reasons that the Ag economy is stuck in neutral while the overall U.S. economy is currently operating in high gear, and provides an outlook for the short and long-term future.

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Precision Technology Leading Ag Equipment's Future

The latest episode of On the Record is now available! As we returned from the Precision Farming Dealer Summit in Indianapolis last week, it was clear that precision technology is going to strongly influence the direction of the farm equipment industry. In this episode, we cover how Deere chairman and CEO Sam Allen credits much of the company's recent success to new precision technologies it's introducing. Jack Zemlicka also shares his take aways from the Precision Farming Dealer Summit, and we talk with Norbert Beaujot and Robert Saik from DOT Technologies about the future of their autonomous platform. Tim Thein from Citi shares his outlook for 2019 farm equipment sales and we also look at the results from the 2019 Rural Lifestyle Dealer Business Trends & Outlook report.

U.S. Agricultural Exports Imports & Trade Balance_AEI_0119.jpg

U.S. FY19 Ag Trade Balance Projected to Decline to Its Lowest Level Since 2007

According to USDA’s Economic Research Service’s agricultural trade projections, U.S. ag exports are projected to total $141.5 billion in fiscal year (FY) 2019, while ag imports are expected to total $127 billion. This would indicate a trade surplus of $14.5 billion.

2018 French Tractor Sales Manufacturers’ Market Share
John Deere continues to be the top selling tractor in France, the EU’s largest market for farm equipment, according Axema, the trade association representing farm equipment manufacturers.
2019 Could Continue Challenging Argentina’s Ag Sector
While fourth quarter sales figures had not been released as of this writing, it’s clear that 2018 was a challenging year for the Argentinian agricultural machinery industry. Reportedly, some companies were unable to meet their payrolls in December.
Farmers in Midnorth Account for 35% of Commodity Revenues, 42% of Total Debt
U.S. farm debt usage patterns vary regionally with farmers in the Midnorth easily being the biggest borrowers.

Dealers Expect 2019 Revenue Growth to Moderate in Rural Lifestyle Segment

Fed’s January Book Reveals Agriculture Sector Continues to Struggle

CNH Industrial Launches New Organizational Structure

All U.S. Tractor Categories, Combine Sales Up in December

Mergers & Acquisitions

Heritage Tractor Acquires Legacy Farm and Lawn

H&R Agri-Power & Ag-Pro Most Active M&A Dealers in 2018

Dealer Group Ag-Pro to Make Its Presence Known in Midwest

Earnings Reports

Brazilian Machinery Sales Grew in 2018

Buhler Industries Reports 2018 Year End Earnings

Growing North American Sales Boosts Claas’ Revenues to Record Levels

Webinar Replay

‘Stuck in Neutral’: The Federal Reserve Bank’s Outlook for Agriculture

Featured Video

Precision Technology Leading Ag Equipment's Future

Data & Trends

U.S. FY19 Ag Trade Balance Projected to Decline to Its Lowest Level Since 2007

2018 French Tractor Sales Manufacturers’ Market Share

2019 Could Continue Challenging Argentina’s Ag Sector

Farmers in Midnorth Account for 35% of Commodity Revenues, 42% of Total Debt

Podcasts

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

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

[Podcast] On the Record: As 2018 Closes, Some Ag Optimism Going into New Year

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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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