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FAPRI Report Forecasts 2020 Farm Income Down $20 Billion; Assumes Rebound in 2021

April 27, 2020 | Posted in Data & Trends

A lot has happened since FAPRI prepared its outlook for the farm economy based on information available in January 2020. This analysis attempts to isolate COVID-19 impacts from other market changes that have occurred for unrelated reasons.

No-Till Farmers Indicate Concerns with Dealer Delays During Pandemic

April 26, 2020 | Posted in Data & Trends

A recent poll from No-Till Farmer, a sister publication of Ag Equipment Intelligence, asked its readers what impacts they expect COVID-19 will have on their farm management and operational goals. A total of 55% of farmers indicated they expected complications from their dealers, including delays, limited access and timeliness, would lead to down time on their end.

Equipment Leasing and Finance Industry Confidence Hits Record Low in April

April 23, 2020 | Posted in Data & Trends

Confidence in the equipment finance market fell to a historic low in April of 22.3, decreasing from the previous low of 46.0 in the March index.

Dallas Fed: COVID-19 Changes Outlook from ‘Challenging to Extreme Caution’

April 22, 2020 | Posted in Data & Trends

Bankers responding to the Dallas Federal Reserve Bank’s first quarter survey noted that the negative impact on commodity prices from the coronavirus (COVID-19) outbreak has changed the outlook for 2020 from one of challenge to one of extreme concern.

April 2020 Beige Book: Downward Pressure on Ag Prices Expected

April 17, 2020 | Posted in Data & Trends

Overall economic activity contracted sharply and abruptly across all regions in the United States as a result of the COVID-19 pandemic.

KC Fed: Farm Lending Activity Slowed in the First Quarter

April 17, 2020 | Posted in Data & Trends

Prior to the emergence of global economic developments related to COVID-19, growth in farm lending continued to show signs of slowing. While the volume of operating loans in the first quarter of 2020 increased slightly from a year ago, overall demand for non-real estate loans declined.

European Dealer Sentiment Plummets During COVID-19 Pandemic

April 16, 2020 | Posted in Data & Trends

According to a report from CEMA, the general business climate index for the ag equipment industry in Europe has experienced its sharpest drop since since the financial crisis of 2008-09

Dealer Sentiments Slide as COVID-19 Impact Sets In

April 15, 2020 | Posted in Data & Trends

Based on the results of their first quarter 2020 survey of North American ag equipment dealers, analysts from investment banker Stifel say dealers are expressing less optimism about their prospects to improve sales compared to the fourth quarter of 2019.

Despite Ag’s Uncertainties, Dealer Consolidation Remains a Constant

April 15, 2020 | Posted in Data & Trends, Dealers & Dealerships

In an environment marked by trade conflicts, the coronavirus outbreak and ongoing low commodity prices, North American agriculture has few assurances about what’s ahead. The one thing that the equipment distribution part the industry can count on is dealer consolidation.

Farmer Sentiment Tumbles Amid COVID-19 Concerns

April 7, 2020 | Posted in Data & Trends

Source: Purdue University, CME Group

According to a report from Purdue and CME Group, the Ag Economy Barometer plummeted in March, dipping 47 points (28%) from a month earlier to a reading of 121. The point drop was the largest one-month fall in the life of the index, which dates to October 2015.

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AGCO Reports $1.4 Billion in 2023 Tractor Revenue

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[Technology Corner] Pessl Instruments CEO Talks Dealer Benefits From Lindsay Corp. Investment

Today, we’re looking at Austria-based Pessl Instruments, an agtech provider operating under the METOS brand. Irrigation equipment manufacturer Lindsay Corporation recently acquired a minority interest in Pessl Instruments following a strategic partnership the 2 companies announced in May 2023.

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Data & Trends
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FAPRI Report Forecasts 2020 Farm Income Down $20 Billion; Assumes Rebound in 2021

No-Till Farmers Indicate Concerns with Dealer Delays During Pandemic

Equipment Leasing and Finance Industry Confidence Hits Record Low in April

Dallas Fed: COVID-19 Changes Outlook from ‘Challenging to Extreme Caution’

April 2020 Beige Book: Downward Pressure on Ag Prices Expected

KC Fed: Farm Lending Activity Slowed in the First Quarter

European Dealer Sentiment Plummets During COVID-19 Pandemic

Dealer Sentiments Slide as COVID-19 Impact Sets In

Despite Ag’s Uncertainties, Dealer Consolidation Remains a Constant

Farmer Sentiment Tumbles Amid COVID-19 Concerns

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AGCO Reports $1.4 Billion in 2023 Tractor Revenue

New Holland Informs Dealers of Restructuring Details

Baltimore Port Closure: Tractor Imports & Exports Impacted, Deliveries Delayed

Must Read Free Eguides

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[Technology Corner] Pessl Instruments CEO Talks Dealer Benefits From Lindsay Corp. Investment

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