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Articles Tagged with ''ag equipment sales''

Large Ag Sales ‘Flattish’ in March

April 1, 2018 | Posted in Data & Trends

North American large ag equipment sales were relatively flat year-over-year in March. Row-crop tractor sales saw growth in both the U.S. and Canada, while 4WD and combine sales saw declines, according to the latest numbers released by the Assn. of Equipment Manufacturers.

VDMA: German Farm Machinery Sales Grow by 10%, ‘Second-Best Result Ever’

March 1, 2018 | Posted in Mergers & Acquisitions

Agricultural machinery and tractor manufacturers production in Germany experienced an exceptionally good business year in 2017, a strong growth in turnover of 10%, to €7.9 billion ($9.7 billion). According to VDMA Agricultural Machinery Assn., this represented the second-best annual result ever achieved by the industry.

Dealers Expect Improving Sales Levels for 2018

January 26, 2018 | Posted in Equipment & Equipment Sales

Despite ongoing concerns with low commodity prices, North American farm equipment dealers are far more optimistic about their business prospects than they were a year ago.

Titan Machinery Sees Signs of Approaching ‘Replacement Cycle’

September 1, 2017 | Posted in Earnings Reports

Despite sluggish sales during the second quarter of its fiscal 2018, Titan Machinery executives told analysts following release of its earnings report on Aug. 31 that its U.S. ag and construction equipment markets have begun to stabilize and improve.

Mid-Range Equipment Accelerates in May

June 1, 2017 | Posted in Data & Trends

After 3 months of sales growth for large ag equipment, North American sales once again declined in May. Canadian sales growth slowed to plus 1% and the U.S. posted a 16% decline, according to the latest number released by the Assn. of Equipment Manufacturers.

CNHI Sees Ag Pick Up in 2018; Not Pursuing M&A for CE

March 1, 2017 | Posted in Mergers & Acquisitions

CNH Industrial expects replacement buying will give its ag business a boost next year. The company also reiterated that it’s not looking to off load its construction equipment segment any time soon.

On the Record

Will Ag Equipment Sales See a Bottom in 2017?

January 5, 2017

In today’s newscast, we look at the possibility that ag equipment sales could see a bottom in 2017, an “Amazon” approach for precision services and products, projected growth in the rural lifestyle segment, Buhler Industries year-end financial results, and Mahindra’s unit sales for December.

Ag Equipment Sales Down at Close of 2016

January 1, 2017 | Posted in Data & Trends, Earnings Reports

As 2016 came to a close, North American large ag equipment sales continued to decline, marking the 35th month of declines, says Mircea (Mig) Dobre, senior analyst with Baird Equity Research.

Deere’s Short-Term Outlook a Bit Brighter Than USDA’s

December 30, 2016 | Posted in Earnings Reports

Comparing Deere & Co.’s outlook for 2017 issued on Nov. 23 to that of USDA’s issued earlier in the year, you would have to conclude that the world’s largest manufacturer of farm equipment is a bit more optimistic about the year ahead than is the U.S. ag agency.

On The Record

Far West Dealers Turn Down Merger with WEDA

December 15, 2016

In today’s newscast, we discuss why members of the Far West Equipment Dealers Assn. voted against merging with the Western Equipment Dealers Assn., what dealers should be looking for in the next generation of precision farming specialists, the highest reading of producer sentiment since October 2015 on Purdue University’s Ag Economy Barometer and how exports of U.S. made ag equipment fared through the first 9 months of the year.

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