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Art’s Way Posts 15% Increase in Ag Sales in 3QFY20

October 8, 2020 | Posted in Earnings Reports

Art’s Way Manufacturing (Nasdaq: ARTW) reported consolidated sales of $6.5 million, up 17.5% vs. the same period a year earlier, in its fiscal third quarter ended Aug. 31, 2020.

Completion of Large Bulk Order Weighs on Agjunction Revenues

April 28, 2020 | Posted in Earnings Reports

The completion of a $55 million bulk order for steering solutions products has returned AgJunction revenues to more “normal” levels.

SDF Group Investing $7.7M in Its Indian Production Plant

February 4, 2020 | Posted in Ag Equipment Worldwide

The Italy-based SDF Group, manufacturer of Deutz-Fahr, SAME and Lamborghini tractors, has embarked on an investment project that will modernize and expand its Indian tractor and engine manufacturing plant.

Exel Industries’ FY2018-19 Profits Plunge Nearly 90%

January 21, 2020 | Posted in Earnings Reports

Profits at crop sprayer and sugar beet harvester maker Exel Industries plunged almost 90% last year as revenues declined in all its operating sectors and the group made significant provisions for re-organization.

Improving Farmer Sentiment Reflected in View Toward Making Large Investments

August 8, 2019 | Posted in Data & Trends

The Purdue/CME survey results released on Aug. 6 showed ag producer sentiment in July improved dramatically as the Ag Economy Barometer increased 27 points compared to June and was up 52 points compared to May.

Grimme Forms Potato and Root Crop Equipment JV in India

June 5, 2019 | Posted in Ag Equipment Worldwide

One of India’s leading manufacturers of farm equipment is entering the potato and root crop sector through a joint venture with Grimme, one of the world’s leading manufacturers of planting, harvesting and bulk handling products for such crops.

CNH Industrial to Supply 3D Printed Spare Parts for Its Ag Equipment

CNH Industrial has taking advantage of 3D printing technology to manufacture components and spare parts, providing its customers with rapid availability and support throughout the product’s lifecycle.

March 5, 2019 | Posted in Technology

Dallas Fed Ag Survey Shows Decline in 4Q18 Loans for Machinery

January 4, 2019 | Posted in Data & Trends

A survey of bankers in the 11th Federal Reserve District say that, that while loans for farm equipment fell sharply in the fourth quarter of 2018, so did the loan demands in other areas of agriculture. The district covers all of Texas, northern Louisiana and southern New Mexico and 100 bankers responded the this most recent survey.

Dealer Expands Agronomic Services

November 30, 2018

Learning from early experience selling and supporting the recurring revenue program, Devin Dubois, vice president of Integrated Solutions with Western Sales, recently helped expand the dealership’s precision platform to include independent precision software support for 6 other dealer groups in the region.

Deere Forecasts 8-10% Farm Equipment Growth in African Market

November 22, 2018 | Posted in Ag Equipment Worldwide, Equipment & Equipment Sales

According to a Nov. 17, 2018 Reuters report, a company executive is projecting sales growth of 8-10% annually.

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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

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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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