As part of its partnership with MirTech Harvest Center to grow the farm equipment sales and service business in the western Delta region, Claas of America announces the opening of 2 new full-service, long-line MirTech dealerships in Jonesboro, Ark., and Sikeston, Mo.
With few exceptions, global tractor and combine sales show little sign of picking up in the near term. While USDA’s May 10 report offered some optimistic news on crop surpluses, especially for soybeans, it remains to be seen whether or not the uptick in crop prices will hold.
While USDA’s May 10 report offered some optimistic news on crop surpluses, especially for soybeans, it remains to be seen whether or not the uptick in crop prices will hold.
While Brazil’s ag industry, like that here in the U.S. and the rest of the world, is suffering the effects of low commodity prices, it is also being hit with tightening credit conditions that the North American industry has not yet seen.
While farm equipment sales by most of the major farm equipment manufacturers in the European Union are bouncing back from recessionary lows, Italian ag equipment makers report their domestic market is yet to show signs of any significant pick up.
Tomorrow the Assn. of Equipment Manufacturers will release June farm equipment sales figures, and if the current trends hold, they should be hefty as North American sales of large ag equipment continued to skyrocket through the first 5 months of 2013.
Dealers looking for indicators of when the current boom in farm equipment sales may be softening should look at any signs that the value of farmland may be weakening. In terms of both accumulated cash and high levels of asset values, the current wealth of U.S. farmers may be unprecedented.
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The announcement of a partnership between New Holland and Bluewhite was one of the big precision stories of the summer. West Coast New Holland dealers now have the rights to sell, distribute and service Bluewhite’s aftermarket autonomy kits.