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.
Following a record year for sales in 2017, tillage, seeding and planting equipment specialist Horsch has started 2018 with a buoyant order book and investment in a North American trials and demonstration site.
After struggling with shrinking sales and revenues since 2014, the Big 3 of ag equipment — AGCO Corp., CNH Industrial and Deere & Co. — each posted the strongest results they’ve seen in a while.
Company increases revenue, net income and diluted EPS guidance range for fiscal 2012; First quarter revenue increased 55% to $318 million and earnings per diluted share grew to $0.40; Company continues to execute on acquisition growth strategy with five acquisitions.
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In this episode we look at the potential impact Hurricanes Helene and Milton will have on ag production as well as the dealers and manufacturers in the impacted region.