Data & Trends

Dealers Report Used Equipment Prices on the Rise

Dealers report used equipment pricing improved during the fourth quarter of 2020. Results from Stifel’s fourth quarter dealer survey show used combine pricing improved 1.8% year-over-year on a weighted average basis in the fourth quarter of 2020. 

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CEMA january 2021

European Dealer Sentiment Continues to Rise in December

The general Business Climate Index for the Agricultural Machinery Industry in Europe has continued to increase sharply after having reached the positive range in October for the first time since mid-2019. In January 2021, the index is at +44 points (on a scale of –100 to +100).
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KC Fed: Fewer New Loans to Farmers

Fewer new loans to farmers continued to drive a pullback in agricultural lending activity. A historically low number of new loans contributed to an increase in average loan size and drove a slight decrease in the overall volume of non-real estate loans at commercial banks in the fourth quarter.
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