Rw baird

Large Ag Sales Recover in July

August 15, 2020 | Posted in Equipment & Equipment Sales

Large ag equipment retail sales continued to recover in July, according to analysis from RW Baird analyst Mircea (Mig) Dobre. Compact/midrange equipment saw continued outsized increases.

Analyst Says, ‘Pressure Could be Greater Than in Prior Downturns’ on Deere’s Earnings

April 15, 2020 | Posted in Ag Equipment Business

Pointing to the impact of COVID-19 on farm machinery sales, Mircea (Mig) Dobre, an analyst with RW Baird, said in a note to investors that he was downgrading Deere & Co. to neutral but maintaining his target price ($150).

Replacements, Farm Income Biggest Sales Influencers

October 22, 2019 | Posted in Data & Trends

What drives demand for shortline farm equipment? According to the results of the first Ag Equipment Intelligence-Baird survey of shortline manufacturers, two-thirds of respondents say equipment replacement and/or farm income are the main drivers for sales.

Despite 3Q Slowdown, Shortliners Expect Future Demand to Hold Steady

October 21, 2019 | Posted in Data & Trends

The third quarter of 2019 was a challenging one for specialty (shortline) farm equipment manufacturers, but most respondents to the first Ag Equipment Intelligence-Baird Shortline Manufacturer survey expect future demand to remain stable.

Ag Equipment Intelligence to Launch New Shortline Equipment Manufacturers’ Survey

August 29, 2019 | Posted in Ag Equipment Business

Ag Equipment Intelligence will launch its newest program for the farm equipment industry with a quarterly survey of ag shortline/specialty equipment manufacturers. The purpose of this new study is to determine business conditions and trends in a segment of industry that receives little attention, despite its significant innovations and contributions to the farm machinery business. The project will kick off in mid-September.

‘Weather Trumps Trade:’ Analyst Sees Shift in U.S. Ag with Rising Corn Prices

June 17, 2019 | Posted in Equipment & Equipment Sales

A rapid, meaningful shift is occurring in U.S. ag as extreme weather overshadows the Trade War. Corn has rallied sharply breaking out of a 5 year range as persistent wetness has raised supply concerns. Prices seem poised to move higher; this helps farm economics which should drive equipment demand (equipment buys reduce farmer tax liability, replacement demand is already present).

U.S. Large Ag Sales Stay Positive

May 17, 2019 | Posted in Equipment & Equipment Sales

North American ag equipment sales were flat year-over-year in April following 5% growth in March and –4% decline in February. U.S. sales increased 7% year-over-year.

Large Ag Growth Stays Strong in U.S.

October 1, 2018 | Posted in Equipment & Equipment Sales

Large ag equipment sales had another strong showing in the U.S. for August with increases in all categories, including a 26.8% growth recorded in the 100 horsepower plus tractor category.

Large Ag Retail Sales Accelerated in July

September 29, 2018 | Posted in Equipment & Equipment Sales

North American large ag equipment sales had another strong showing in July, with year-over-year sales up in all but one category, according to the most recent Assn. of Equipment Manufacturers report. But RW Baird analyst Mircea (Mig) Dobre expects this momentum is likely to dissipate.

2016 ‘Likely’ Bottom in Big Ag Sales Drop

January 1, 2016 | Posted in Data & Trends, Equipment & Equipment Sales

In RW Baird’s “2016 Outlook” report (Dec. 22, 2015), analyst Mircea (Mig) Dobre, summarized his thoughts on the year ahead. "2016 likely marks the bottom in NA large ag equipment declines, but excess channel inventory is still an issue limiting a potential rebound in 2017..."

Articles Tagged with ''RW Baird''

Large Ag Sales Recover in July

Analyst Says, ‘Pressure Could be Greater Than in Prior Downturns’ on Deere’s Earnings

Replacements, Farm Income Biggest Sales Influencers

Despite 3Q Slowdown, Shortliners Expect Future Demand to Hold Steady

Ag Equipment Intelligence to Launch New Shortline Equipment Manufacturers’ Survey

‘Weather Trumps Trade:’ Analyst Sees Shift in U.S. Ag with Rising Corn Prices

U.S. Large Ag Sales Stay Positive

Large Ag Growth Stays Strong in U.S.

Large Ag Retail Sales Accelerated in July

2016 ‘Likely’ Bottom in Big Ag Sales Drop

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