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Articles Tagged with ''COVID-19''

Farmer Sentiment Rises as Income Prospects Improve

January 6, 2021 | Posted in Data & Trends

Farmer sentiment improved modestly in December as the Ag Economy Barometer rose to a reading of 174, up 7 points from November.

Italy’s EIMA Machinery Show Moved Again

December 15, 2020 | Posted in Ag Equipment Worldwide

The organizer of Italy’s EIMA international agricultural machinery show has moved the event dates for a second time to avoid cancelling next year’s edition because of COVID-19 restrictions.

Chicago Fed: Farm Loan Demand Down, Credit Conditions Mixed

November 18, 2020 | Posted in Data & Trends

Farmland values for the Seventh Federal Reserve District were up 2% in the third quarter of 2020 from a year ago, given support from lower interest rates, additional government payments and some rising agricultural prices.

Deutz Reports Ag Revenue Down 30.4% in 3Q20

November 17, 2020 | Posted in Earnings Reports

Deutz registered a sharp overall decline in business performance in the first 9 months of 2020, which was in line with its expectations.

AGI Reports 3Q20 Sales Up 8.2%

November 16, 2020 | Posted in Earnings Reports

Continued robust performance in North American Farm markets, EMEA, Brazil and India was offset by lower results in North American Commercial markets resulting in a record third quarter for sales and adjusted EBITDA despite ongoing COVID-19 challenges.

Dairy and Livestock Sectors Give Kuhn a Boost

November 13, 2020 | Posted in Earnings Reports

Demand for equipment from farmers in the dairy and general livestock sectors in both North America and Europe have given Kuhn a boost as order intake exceeded 2019 levels through the first 9 months of this year.

Strong Recovery Eases France Ag Machinery Market Concerns

November 12, 2020 | Posted in Ag Equipment Worldwide

A survey of agricultural machinery manufacturers and importers in France reveals a more optimistic view of how this year’s market will pan out than when the coronavirus pandemic first took hold.

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Report Shows China Purchased 71% of Ag Product Goal for 2020

November 12, 2020 | Posted in Commodities

According to an October interim report from USDA and the Office of the United States Trade Representative, China has purchased approximately 71% of its agricultural product goal for 2020, which was established as part of the U.S.-China trade agreement signed in January.

Exel Industries Reports FY20 Revenue Down 2.9%; 4Q20 Revenue Up 13.1%

October 30, 2020 | Posted in Earnings Reports, Electric Machinery

In the fourth quarter of 2020, Exel Industries generated revenue of $267.4 million, up $31.1 million (+13.1%) compared with fourth quarter 2019. At constant foreign exchange rates and scope, fourth quarter revenue amounted to $254.6 million, up 7.7% from fourth quarter 2019.

Rocky Mountain Dealerships Reports 3Q20 Sales Up 9.2%

October 30, 2020 | Posted in Earnings Reports

Third quarter total sales increased by $16,927, or 9.2%, to $200,994 from $184,067 during the same period in 2019, due to higher sales in all categories.

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Geologists Say U.S. May Become ‘Lithium Self-Sufficient’

5 OEMs Highlight Reasons for Optimism Heading into 2024

New Holland President: We Need to Clean Our Dealer Network

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New Holland to ‘Clean’ Dealer Network of Shortlines

In this episode of On the Record, New Holland Agriculture President Carlo Lambro talks about the future of the company's North America network. In the Technology Corner, Noah Newman takes a look at the recently award-winning One Smart Spray system.

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