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August 2021 Tractor & Combine Analysis

By Charlie Glass posted on September 13, 2021 | Posted in Analysis & Commentary

Retail sales for 100+ horsepower tractors exceeded our monthly forecast by 449 units and the year-to-date total was 2,754 units or 24.2% ahead of our forecast.

AEM President Dennis Slater to Retire

Megan Tanel to Become AEM President Beginning January 1, 2022

August 24, 2021 | Posted in Ag Equipment People

The Association of Equipment Manufacturers (AEM) today announced that Dennis J. Slater will retire as AEM President, effective December 31, 2021. The AEM Board of Directors has selected AEM’s Senior Vice President, Construction & Utility Sector Megan Tanel to succeed Slater and serve as AEM President effective January 1, 2022.

Large Ag Sales Growth Continues

August 14, 2021 | Posted in Equipment & Equipment Sales

Large ag equipment sale growth continued in July, according to the latest numbers from the Assn. of Equipment Manufacturers.

July 2021 Tractor & Combine Analysis

By Charlie Glass posted on August 12, 2021 | Posted in Analysis & Commentary

Monthly retail sales of 100+ horsepower tractors was 545 units above our monthly forecast while the YTD total retail sales was 2,306 units above our YTD forecast.

Big Ag Sales Robust, Inventories Down

July 15, 2021 | Posted in Data & Trends, Equipment & Equipment Sales

Growth rates remained solid in June, though growth moderated sequentially on much tougher comps for large ag, said Analyst with RW Baird Mircea “Mig” Dobre in a recent note.

June 2021 Tractor & Combine Analysis

By Charlie Glass posted on July 13, 2021 | Posted in Analysis & Commentary

Retail sales for the 100+ horsepower tractor category was 1,819 units as compared to our monthly forecast of 1,480 units or 20.7% above forecast.

Ag Sales Remain Robust in May

June 15, 2021 | Posted in Data & Trends

Growth accelerated for large ag equipment sales in May, while small/mid inventories fell despite moderating sales growth in a seasonally strong month.

April 2021 Tractor & Combine Analysis

By Charlie Glass posted on May 13, 2021 | Posted in Analysis & Commentary

The U.S. tractor and combine retail activity is certainly making up for lost ground in recent years and the prospect for continued growth in 2021 does look promising.

Large Ag Equipment Sales Streak Continues

April 15, 2021 | Posted in Equipment & Equipment Sales

Ag equipment sales closed out the first quarter with a strong performance in March. In the U.S. the tractor unit sales growth streak continued to 11 straight months and Canada also extended its sales streak, according to the latest data from the Assn. of Equipment Manufacturers.

Equipment Sales Strong in Slow Month

March 15, 2021 | Posted in Equipment & Equipment Sales

Equipment sales growth remained strong in a seasonally slow month, according to analysis from Mircea (Mig) Dobre, analyst with RW Baird.

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AGCO Reports $1.4 Billion in 2023 Tractor Revenue

New Holland Informs Dealers of Restructuring Details

Baltimore Port Closure: Tractor Imports & Exports Impacted, Deliveries Delayed

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Baltimore Port Closure to Impact High Horsepower Tractor Imports & Exports

In this episode of On the Record, brought to you by Weasler Engineering, we look at how the Port of Baltimore's closure will alter the flow of high horsepower tractors in and out of the country. In the Technology Corner, Noah Newman talks about some changes coming to drone operation regulations. Also in this episode, Kazakhstan's potential for the North American ag equipment industry and what 2024 holds for the sprayer market.

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