Data & Trends

Large Ag Sales ‘Flattish’ in March

April 1, 2018 | Posted in Data & Trends

North American large ag equipment sales were relatively flat year-over-year in March. Row-crop tractor sales saw growth in both the U.S. and Canada, while 4WD and combine sales saw declines, according to the latest numbers released by the Assn. of Equipment Manufacturers.

India’s Sonalika Reports Sales of 100,000 Tractors in FY18

April 1, 2018 | Posted in Data & Trends, Equipment & Equipment Sales, Mergers & Acquisitions

Sonalika International Tractors Limited (ITL), one of India’s leading tractor manufacturers, recorded an increase of 22% in tractors sales to 100,000 units in fiscal year 2018. This compares to 81,531 units registered in the previous year, which was an increase of 19.6%.

Sources of Ag Equipment Loans

April 1, 2018 | Posted in Data & Trends, Mergers & Acquisitions

Earlier this year, Ag Equipment Intelligence surveyed U.S. and Canadian farm equipment dealers on their major sources for equipment loans.

Titan Machinery’s 4Q18 Sees Top and Bottom Line Growth

April 1, 2018 | Posted in Data & Trends, Equipment & Equipment Sales, Mergers & Acquisitions

Titan Machinery, one of North America’s largest equipment dealership groups, posted its first strong earnings report since sales of farm machinery turned down in 2014. Fourth quarter revenue topped $339 million, up 7% year-over-year.

Ranks of Biggest Ag Equipment Dealerships Continue to Swell

April 1, 2018 | Posted in Data & Trends, Mergers & Acquisitions

While there are fewer “big” North American farm equipment dealer-principals or ownership groups at this point in 2018 than there were a year ago — 189 vs. 193 — this in no way signals a slowdown in dealer consolidation trends of the past decade.

Combine, 4WD Sales Offset Drop in HHP

March 1, 2018 | Posted in Data & Trends

North American sales of high horsepower (100-plus HP) tractors declined in February, but part of the drop off was absorbed by higher sales of combines and 4WD tractors, according to the Assn. of Equipment Manufacturers February report on farm machinery sales.

Don’t Bet the Farm on USDA’s Initial Farm Profits Outlook for 2018

February 23, 2018 | Posted in Data & Trends

Earlier this month — Feb. 7 to be exact — USDA issued its farm sector profits forecast for 2018. The ag agency’s most recent outlook calls for further declines in net farm income and net cash farm income for the year ahead. But researchers at the University of Illinois Agricultural and Consumer Economics, say that, if past history holds true, the initial forecast is probably somewhat lower than what we’ll see next year at this time.

Nearly 70% of No-Till Farmers Were Profitable in 2017

February 1, 2018 | Posted in Data & Trends, Mergers & Acquisitions

No-till farmers report that despite rising expenses last year they were able to make some money. Of the 497 no-tillers from 26 states who responded to the recent survey of No-Till Farmer in January, 68% say they were profitable.

Dealers See Strong C&CE Sales Trends Carrying Over to 2018

February 1, 2018 | Posted in Data & Trends

North American equipment dealers expect the solid sales levels of commercial and consumer equipment experienced in recent years to maintain an upward trend in the year ahead, according to the results of Rural Lifestyle Dealer’s most recent survey.

How North American Ag Equipment Dealers Compare with European Counterparts

January 1, 2018 | Posted in Data & Trends, Earnings Reports, Mergers & Acquisitions

When it comes to farm equipment revenue mix, European dealers rely far more on new equipment sales and less on used equipment sales than do dealers in the U.S. and Canada.

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Large Ag Sales ‘Flattish’ in March

India’s Sonalika Reports Sales of 100,000 Tractors in FY18

Sources of Ag Equipment Loans

Titan Machinery’s 4Q18 Sees Top and Bottom Line Growth

Ranks of Biggest Ag Equipment Dealerships Continue to Swell

Combine, 4WD Sales Offset Drop in HHP

Don’t Bet the Farm on USDA’s Initial Farm Profits Outlook for 2018

Nearly 70% of No-Till Farmers Were Profitable in 2017

Dealers See Strong C&CE Sales Trends Carrying Over to 2018

How North American Ag Equipment Dealers Compare with European Counterparts

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