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Big Ag Sales Robust, Inventories Down

July 15, 2021 | Posted in Data & Trends, Equipment & Equipment Sales

Growth rates remained solid in June, though growth moderated sequentially on much tougher comps for large ag, said Analyst with RW Baird Mircea “Mig” Dobre in a recent note.

Art's Way Reports 2Q21 Ag Sales Up 25.6%

July 9, 2021

Second quarter sales in the company's agricultural products segment were $3,858,000 compared to $3,071,000 during the same period in fiscal 2020, an increase of $787,000, or 25.6%.

Ag Sales Remain Robust in May

June 15, 2021 | Posted in Data & Trends

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

MacDon Parent Company Reports 15% 1Q21 Sales Increase, Improved Ag Equipment Sales

June 14, 2021 | Posted in Earnings Reports

During the first quarter of 2021, Linamar experienced strong sales growth, up 15% vs. the first quarter 2020 and outstanding normalized net earnings growth, up 2.3 times in comparison to last year.

Kubota Posts 22.3% Revenue Increase, Rising Ag Equipment Sales in 1Q21

May 20, 2021 | Posted in Earnings Reports

For the three months ended March 31, 2021, revenue of Kubota Corporation and its subsidiaries increased by $901.8 million (+22.3%) from the same period in the prior year to $4.9 billion.

Ag Equipment Sales Start Strong in 2021

February 15, 2021 | Posted in Equipment & Equipment Sales

U.S. large ag retail sales were up 12.9% year-over-year in January, while Canadian sales were up 38%. Combined U.S./Canada large ag sales were up 15.4% (vs. up 11.3% in December), marking the fifth consecutive month with growth of over 9%.

Art's Way Reports FY20 Ag Sales Down 3.1%

February 5, 2021 | Posted in Earnings Reports

Consolidated net sales totaled $22,409,000 for the 2020 fiscal year, which represents a 2.1% decrease from consolidated net sales of $22,889,000 for the 2019 fiscal year.

Ag Equipment Sales Strong in December

January 15, 2021 | Posted in Equipment & Equipment Sales

Sales growth decelerated from a November high but remained robust. U.S. large ag retail sales were up 14.1% year-over-year in December, while Canadian sales were down 1.8%. Combined U.S. and Canada large ag sales were up 11.3% (vs. up 17.7% in November), marking the 5th month in 6 with growth over 9%.

Large Ag Equipment Sales Grow in November

December 15, 2020 | Posted in Equipment & Equipment Sales

Large ag equipment sales growth reaccelerated during a seasonally slow month, according to the latest numbers from the Assn. of Equipment Manufacturers.

October Large Ag Sales Robust

November 13, 2020 | Posted in Equipment & Equipment Sales

Overall tractor unit sales continued their growth across North America in October 2020 despite a small pause in larger units in Canada, according to the latest data from the Assn. of Equipment Manufacturers (AEM).

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