Ag Equipment Intelligence

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April 2021

Volume: 27
Edition: 4

Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.

  • Table of Contents

    Table of Contents

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    Big Dealers Own 33% of All Ag Stores in 2021

    Based on preliminary results from Ag Equipment Intelligence’s 2021 Big Dealer Report, dealer consolidation has showed no signs of slowing down. While the total number of big dealers dropped to 190, the total number of stores owned by big dealers rose from 2,240 in 2020 to 2,351 in 2021, an increase of 5%.


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    New Alamo Group CEO to Focus on M&A, Improving Margins

    Recent analysis from Michael Shlisky, CFA, analyst with Colliers Securities, who met virtually with Alamo Group’s new CEO Jeff Leonard, indicates Leonard has no plans to change Alamo’s current successful business strategy. 


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    Carraro Reports Decline in 2020 Revenues, Considers Going Private

    Last year’s market conditions and OEM factory shutdowns contrived to put a dent in 2020 revenues at the Carraro power transmission group, ending 13% down on the year before at €487 million ($569 million) — the lowest figure since 2009.


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    Lemken Sees Growing Demand for Mechanical Weeding

    Despite the manufacturing and distribution challenges thrown up by the COVID-19 pandemic last year, German tillage equipment maker Lemken managed to record healthy sales, down less than 4% on the prior year.


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    Danish Agro Beats Hacker Attack to Become World’s Biggest Claas Distributor

    As if the impact of COVID-19 was not enough to contend with, managers and staff across the Danish Agro farm supplies trading group, including its machinery division operating across Scandinavia and the Baltics, had to cope with a prolonged IT systems shut-down because of a hacker attack


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    COVID-19 Causes Trelleborg Wheel & Tire Revenues to Slip

    Despite “fast and decisive” implementation of infection containment measures that enabled Trelleborg Wheel Systems to keep its factories operating with a safe environment for employees, the agricultural tire and rim supplier still recorded lower net sales last year due largely to the coronavirus pandemic.


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    Are You Concerned the Semiconductor Shortage Could Cause Additional Inventory Challenges?

    The semiconductor shortage, which was brought on by increased demand and a disruption to steady supply chains brought on by the COVID-19 pandemic, have slowed automobile manufacturing, with both General Motors and Ford announcing recently they will temporarily shut down several factories in North America as a result.


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    Large Ag Equipment Sales Streak Continues

    Ag equipment sales closed out the first quarter with a strong performance in March. In the U.S. the tractor unit sales growth streak continued to 11 straight months and Canada also extended its sales streak, according to the latest data from the Assn. of Equipment Manufacturers. 


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    Argentina Sales Solidify in 4Q 2020

    Argentina’s National Institute of Statistic and Census (Indec) has released the final numbers of 2020 machinery sales in the country. 


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    Horsch to Invest in Factory in Brazil

    German shortline manufacturer Horsch announced in March an investment of R$200 million ($35.3 million) in a factory in Curitiba, state of Parana, located in the South of Brazil, after 7 years in the country. 


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  • Featured Articles

    Featured Articles

    Big_North_American_Farm_Equipment_Dealers_—_2011-21P.jpg

    Big Dealers Own 33% of All Ag Stores in 2021

    Based on preliminary results from Ag Equipment Intelligence’s 2021 Big Dealer Report, dealer consolidation has showed no signs of slowing down. While the total number of big dealers dropped to 190, the total number of stores owned by big dealers rose from 2,240 in 2020 to 2,351 in 2021, an increase of 5%.


    Read More

    New Alamo Group CEO to Focus on M&A, Improving Margins

    Recent analysis from Michael Shlisky, CFA, analyst with Colliers Securities, who met virtually with Alamo Group’s new CEO Jeff Leonard, indicates Leonard has no plans to change Alamo’s current successful business strategy. 


    Read More

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AEI_April_0421_web-1.jpg

Ag Equipment Intelligence

Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.

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