Combined U.S. and Canada large ag unit sales were down 3.1% year-over-year in March (down 7.9% in February). U.S. large ag equipment sales were down 3.4%.
In its annual report filed March 28, Buhler Industries, which manufacturers the Versatile and Farm King brands of farm equipment, reported C$239 million in annual revenue, down 0.6% year-over-year.
In its first quarter 2024 earnings, John Deere reported that, as a percentage of trailing 12 month retail sales, its dealers inventories of over 100 horsepower tractors and combines were back to pre-pandemic levels.
2023 marked the fourth straight record year for Ag Growth International (AGI). The Canadian shortline manufacturer reported its fourth quarter and year-end results on March 5.
Kuhn Group’s parent company, Bucher Industries, reported net sales for Kuhn Group of $1.61 billion, down 5.9% year-over-year, in its 2023 earnings report released March 1.
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The announcement of a partnership between New Holland and Bluewhite was one of the big precision stories of the summer. West Coast New Holland dealers now have the rights to sell, distribute and service Bluewhite’s aftermarket autonomy kits.