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North America’s Largest Dealers Ranked by Total Employees

September 15, 2024 | Posted in Ag Equipment Business

In its June 2024 issue, Farm Equipment published the Farm Equipment 100™, a list of the 100 largest ag equipment dealers in North America by number of ag locations. Reproduced here are the top 25 dealers by total number of employees.

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Raymond James Analyst: Expect Softness for Remainder of Year as Farmers Sit on Hands Ahead of Elections, Expected Interest Rate Cuts

September 15, 2024 | Posted in Ag Equipment People, Data & Trends

Ag Equipment Intelligence spoke earlier this week with Tim Thein (formerly a Citigroup analyst and now at Raymond James & Assoc.), who dealers know from his attendance and presentations at Farm Equipment and Precision Farming Dealer’s annual Summits.

Large Ag Sales Rebound in April

May 15, 2024 | Posted in Ag Equipment Business, Data & Trends

North American large ag equipment unit retail sales rebounded in April with a 12.8% year-over-year increase compared to a 3.1% decline in March, according to the latest data from the Assn. of Equipment Manufacturers.

Kazakhstan Offers Opportunities for North American Manufacturers

April 15, 2024 | Posted in Ag Equipment Worldwide

As the 9th largest country in the world by area and one of the smallest by population, Kazakhstan is ripe with potential for North American farm equipment manufacturers.

South American News: March 2024

March 15, 2024 | Posted in Ag Equipment Worldwide, Dealers & Dealerships

Argentina’s Akron Aims to Strengthen Presence in North America
John Deere Announces Layoffs in Brazilian Unit
Argentina’s Plantium Invests $2.2 million
Crucianelli Enters ‘Smart Spraying’ Business

Kuhn Group Reports Net Sales Down 6% in 2023

March 15, 2024 | Posted in Data & Trends, Earnings Reports

Kuhn Group’s parent company, Bucher Industries, reported net sales for Kuhn Group of $1.61 billion, down 5.9% year-over-year, in its 2023 earnings report released March 1.

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U.S. Farm Income & Expenses — 1995-2023F

March 15, 2024 | Posted in Data & Trends

For 2023, 2023 total gross farm income is forecast down 2%, total expenses are forecast up 6.9% and net farm income is forecast down 23%

Titan International Sales to John Deere Fall 27% in 2023

March 15, 2024 | Posted in Analysis & Commentary, Earnings Reports

Tire manufacturer Titan International’s sales to John Deere represented 13% of its 2023 net sales, according to its 10-K annual report released Feb. 29.

Kubota Reports Farm & Industrial Sales Up 13% in 2023

February 15, 2024 | Posted in Earnings Reports

Kubota Corp.’s 2023 revenue increased 12.8% to $20.05 billion. Domestic revenue increased 6.8% from the prior year to $4.27 billion because of increased revenue from Farm & Industrial Machinery and Water & Environment segments of the business.

AGCO Reports $14.4 Billion in 2023 Sales

February 15, 2024 | Posted in Data & Trends

On Feb. 6, AGCO reported fourth quarter net sales of $3.8 billion, down 2.5% year-over-year.

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[Technology Corner] What are the Top 5 Applications in Autonomy Right Now?

There was plenty of technology on display at the World Dairy Expo in Madison, Wis., a few weeks ago. Farm Equipment editor Mike Lessiter caught up with Monarch Tractor’s John Issacson and got his take on the top 5 applications in autonomy right now.

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