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January 2020 Tractor & Combine Analysis

By Charlie Glass posted on February 25, 2020 | Posted in Analysis & Commentary

The number of new jobs developed in this economy and the growth of wages has provided many with not only more disposable income but growing retirement accounts. The strength of the smaller horsepower tractor markets is a direct result of this powerful economic engine and should remain so in 2020.

December 2019 Tractor & Combine Analysis

By Charlie Glass posted on January 13, 2020 | Posted in Analysis & Commentary

Retail sales of ag equipment were below December's monthly forecast in all categories except for over 100 horsepower tractors, which exceeded the December forecast by 37 units.

On The Record

Dealers Point to Improvements in Sales and Outlook

July 8, 2016

In the latest episode we discuss Farm Credit Canada’s outlook for ag equipment sales in 2016 and 2017, the results of the latest Strip-Till Operational Practices Benchmark and the Precision Farming Dealer Benchmark studies, some positive signs in the latest Dealer Sentiments & Business Conditions Update and how concerned producers are over the impact of severe weather on crop yields this year.

Rabobank Anticipates 2017 Pick Up in Ag Equipment Sales

March 29, 2016 | Posted in Data & Trends

When commodity prices fall, farm equipment purchasing is the first area in which farmers reduce spending. In their February report, Rabobank analysts Kenneth Zuckerberg and Sterling Liddell anticipate that commodity prices will stabilize over the next 5 years to near break-even levels.

Ag Equipment Carries the Load for CNHI

May 11, 2015 | Posted in Equipment & Equipment Sales

When CNH Industrial was formed last year to include Fiat's ag equipment, construction equipment, commercial vehicle and powertrain business segments, it was assumed that ag would carry the load when it comes to revenues, profits, etc. The full-year 2014 financial results reinforced CNH Industrial's reliance on its ag segment.

Farm Equipment Orders Slip by 8% in June

August 4, 2014 | Posted in Data & Trends

Results of the July 2014 "Dealer Sentiments & Business Conditions Update" survey showed that overall industry sales slipped by 4% year-over-year in June.

Focus Switches from Corn Production to Demand; Could Improve Outlook for Equipment Sales

December 1, 2013 | Posted in Commodities, Data & Trends

It has been shown that U.S. sales of farm machinery closely correlate with the price of U.S. corn. With the two core components of demand for corn being exports and ethanol, equipment dealers and manufacturers closely scrutinize the trends in both these segments.

Ag Equipment Sales Slowdown Continues

October 1, 2013 | Posted in Data & Trends

North American large ag equipment retail sales declined in September, with 4WD tractor sales down 25.7% year-over-year and combine sales down 26.6%, partially offset by row-crop tractor sales which increased 7.7% (+11.8% last month).

How Will Slowing Ethanol Demand Impact Ag Equipment Sales?

October 1, 2013 | Posted in Biofuels, Equipment & Equipment Sales

There’s little debate that the rising production and price of corn has helped stoke the increased sales of farm equipment during the past decade.

Strongest Sales Months for Farm Machinery

July 1, 2013 | Posted in Data & Trends

The seasonality of farm equipment sales has remained steady over the last 10 years.

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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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