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Mahindra to Create New Line of Tractors with Mitsubishi

February 17, 2020 | Posted in Ag Equipment Worldwide

According to a report from The Hindu Business Line, Mahindra has announced a new range of tractors to be created with Mitsubishi of Japan. The new line has been dubbed the K2 platform and is set for release in 2021, with models to be released in varying horsepowers over the next 2 years.

New Holland Dealer Kingline Equipment Plans 6th Location

February 17, 2020 | Posted in Mergers & Acquisitions

Kingline Equipment, a Florida-based New Holland dealer, has announced plans for a 6th location in Nashville, Ga.

AEM Expects Slight Downturn in 2020; Rebound in 2021

February 14, 2020 | Posted in Analysis & Commentary

Source: AEM

New data from the Assn. of Equipment Manufacturers (AEM) and Oxford Economics shows a positive trend in agricultural tractor and self-propelled combine sales for the next several years despite a brief tick down for 2020.

Estimated 67,000 Combines in U.S.; Used Combines See Lowered Demand

February 14, 2020 | Posted in Analysis & Commentary

Over-saturation of used combine inventory might become a concern heading into 2020, according to a recent episode of the Farm Equipment Used Equipment Remarketing Roadmaps podcast.

Deere Looks to ‘Differentiate’ While Improving Margins

February 14, 2020 | Posted in Ag Equipment Business

Deere & Co.’s stated goal is to set itself apart from its competitors while stimulating significant growth. Specifically, it’s aiming to improve its current 12.5% operating margin to 15% by its fiscal year 2022.

Degelman Industries Receives Investment from Canadian Fund

February 12, 2020 | Posted in Ag Equipment Business

Golden Opportunities Fund, a Saskatchewan local investment fund, has announced its recent investment in Degelman Industries.

Titan Machinery Announces Acquisitions in Nebraska, Eastern Wyoming

February 12, 2020 | Posted in Mergers & Acquisitions

Titan Machinery has announced it will acquire the assets of HorizonWest and become the Case IH agriculture dealer in the Nebraska Panhandle and Eastern Wyoming.

2019 U.S. Pork Exports Up 10% Year-Over-Year, Beef Exports Down 2.5%

February 10, 2020 | Posted in Commodities

According to a report from the U.S. Meat Export Federation, pork exports soared to 282,145 metric tons (311,011 U.S. tons) in December, up 34% year-over-year and surpassing the previous high (set in November 2019) by 9%.

John Deere Dubuque Works Announces 105 Layoffs Effective in April

February 10, 2020 | Posted in Ag Equipment Business

Source: KCCI

Reportedly in response to market conditions, John Deere Dubuque Works announced Feb. 7 that 105 workers would be laid off effective April 6.

Robertson Implements Acquires 4 Locations From Moody’s Equipment LP

February 5, 2020 | Posted in Mergers & Acquisitions

Robertson Implements has announced the recent acquisition of 4 dealership locations from Moody’s Equipment LP. With the recent transaction, Robertson Implements will now have dealerships operating in Kindersley, Perdue, Saskatoon and Unity, Sask.

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Deere Looks to ‘Differentiate’ While Improving Margins

AGCO, CNHI Report Revenues Down in 2019

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Art’s Way Reports 59% Improvement in 4Q Ag Sales

In this week’s program, we cover AGCO and CNH Industrial’s 4Q and full year 2019 results. Art’s Way also reported its 4Q and year-end sales, including a 59% improvement in 4Q sales vs. the same period last year. Also in this episode: strides in rural broadband access and an improvement in producer sentiment.

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Editors' Picks
RSS

ARTICLES

Mahindra to Create New Line of Tractors with Mitsubishi

New Holland Dealer Kingline Equipment Plans 6th Location

AEM Expects Slight Downturn in 2020; Rebound in 2021

Estimated 67,000 Combines in U.S.; Used Combines See Lowered Demand

Deere Looks to ‘Differentiate’ While Improving Margins

Degelman Industries Receives Investment from Canadian Fund

Titan Machinery Announces Acquisitions in Nebraska, Eastern Wyoming

2019 U.S. Pork Exports Up 10% Year-Over-Year, Beef Exports Down 2.5%

John Deere Dubuque Works Announces 105 Layoffs Effective in April

Robertson Implements Acquires 4 Locations From Moody’s Equipment LP

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Deere Looks to ‘Differentiate’ While Improving Margins

AGCO, CNHI Report Revenues Down in 2019

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Art’s Way Reports 59% Improvement in 4Q Ag Sales

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