Articles by Charlie Glass

2017 Tractor & Combine Forecast

By Charlie Glass posted on November 18, 2016

It has been our custom to produce a calendar year forecast each November for the upcoming year. Following is our forecast for 2017.

October 2016 Tractor & Combine Analysis

By Charlie Glass posted on November 11, 2016

Supply and demand is alive and well in the U.S. agricultural economy. Harvest of U.S. crops has begun and brings with it a great expectation of a record yields. Like a huge seesaw, high demand for a commodity elevates the prices customers are willing to pay for that product and when there is an excess worldwide inventory, prices fall to meet the slowing demand.

September 2016 Tractor & Combine Analysis

By Charlie Glass posted on October 17, 2016

August 2016 Tractor & Combine Analysis

By Charlie Glass posted on September 15, 2016

Each time that Farm Equipment surveys dealers used equipment continues to be among their biggest worries. The past effects of Section 179 Bonus Depreciation has filled dealer's lots with a large number of relatively new, low hour tractors, combines and other equipment and these units have had an effect upon the sale of new equipment.

July 2016 U.S. Tractor & Combine Sales Analysis

By Charlie Glass posted on August 15, 2016

Planting is completed and the crop is beginning to reach the point of showing what the harvest might look like and all eyes are on commodity prices. Some farmers were astute enough to hedge their production costs earlier when commodities were selling at acceptable levels.

June 2016 U.S. Tractor & Combine Sales Analysis

By Charlie Glass posted on July 12, 2016

Retail sales for the month were slightly less than our monthly forecast and the year to date numbers continue to close in on our forecasted numbers.

May 2016 U.S. Tractor & Combine Sales Analysis

By Charlie Glass posted on June 16, 2016

For the largest categories of tractors and for combines the general economy certainly has an indirect effect upon sales activity at the dealerships. Rising commodity prices, a boon for farmers, ranchers and dealers, is reflected in an increased grocery bill for the consumer and is often accompanied by a resistance to paying the higher price for premium items.

April 2016 U.S. Tractor & Combine Sales Analysis

By Charlie Glass posted on May 13, 2016

Can U.S. farmers be profitable in 2016? The answer to that question could have a major impact on equipment sales to farmers and ranchers this year. As commodity prices continue to rise, it does appear that the fall harvest could generate a livable income for most farmers.

March 2016 U.S. Tractor & Combine Sales Analysis

By Charlie Glass posted on April 14, 2016

Shipments to dealers continue to outstrip our forecast, but field inventory levels continue to rise significantly (+5.9% in March alone) resulting in weak retail sales activities.

February 2016 U.S. Tractor & Combine Analysis

By Charlie Glass posted on March 15, 2016

Under 40 horsepower tractors once again had significant shipments from the manufacturer to dealerships, but field inventory levels continue to climb in February 2016.

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Baltimore Port Closure to Impact High Horsepower Tractor Imports & Exports

In this episode of On the Record, brought to you by Weasler Engineering, we look at how the Port of Baltimore's closure will alter the flow of high horsepower tractors in and out of the country. In the Technology Corner, Noah Newman talks about some changes coming to drone operation regulations. Also in this episode, Kazakhstan's potential for the North American ag equipment industry and what 2024 holds for the sprayer market.

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