Data & Trends

Ag Sales Remain Robust in May

Growth accelerated for large ag equipment sales in May, while small/mid inventories fell despite moderating sales growth in a seasonally strong month. 

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Dealers Remain Positive on Precision Revenue Growth for 2021

In a year when dealers are facing inventory shortages from wholegoods down to parts — including their precision offerings — their outlook for precision revenue in 2021 is largely positive. 

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Ag Economy Barometer Declines Sharply in May

The Purdue/CME Group Ag Economy Barometer declined 20 points in May to 158 which is the lowest barometer reading since September 2020 when the index stood at 156. Both the Index of Current Conditions and the Index of Future Expectations declined this month.
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Real GDP Up 6.4% in 1Q21

Real gross domestic product (GDP) increased at an annual rate of 6.4% in the first quarter of 2021, according to the "advance" estimate released by the Bureau of Economic Analysis.
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Big Dealers Own 33% of All Ag Stores in 2021

Based on preliminary results from Ag Equipment Intelligence’s 2021 Big Dealer Report, dealer consolidation has showed no signs of slowing down. While the total number of big dealers dropped to 190, the total number of stores owned by big dealers rose from 2,240 in 2020 to 2,351 in 2021, an increase of 5%.

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Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.

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