Analysis & Commentary

Single-Store Deere Dealer Calls It Quits

By Dave Kanicki posted on September 9, 2019 | Posted in Analysis & Commentary

We heard from an old friend, and now an ex-equipment dealer, last week. He said he’s thrown in the towel, sold his single-store John Deere dealership and is now looking at other possibilities for what to do with the rest of his working career.

July 2019 Tractor & Combine Analysis

By Charlie Glass posted on August 13, 2019 | Posted in Analysis & Commentary

The downturn that we are experiencing today is certainly as dramatic as those early ones, but today farmers are not encumbered with massive debt and the current interest rates are very reasonable for those who have debts to service. This certainly is not a pleasant experience for anyone in the industry, but there is much more optimism than in previous downturns.

Ag Equipment Sales Mid-Year 2019: U.S. So So; Canada Not So Much

August 5, 2019 | Posted in Analysis & Commentary

According to the Assn. of Equipment Manufacturers’ latest sales figures covering the first half of the year, only mid-size tractor sales during the first 6 months of 2019 showed a deficit compared to the first 6 months of 2018.

KC Fed Bank: Large Loans Drive Further Increases in Farm Lending

July 19, 2019 | Posted in Analysis & Commentary

Source: Kansas City Federal Reserve Bank

The July 18 Kansas City Federal Reserve Bank’s Ag Finance Databook reports that growth in the average size of farm operating loans boosted agricultural lending in the second quarter of 2019. The size of farm loans has continued to rise and loans exceeding $1 million recently have had a significant effect on the overall volume of new loan originations.

June 2019 Tractor & Combine Analysis

By Charlie Glass posted on July 11, 2019 | Posted in Analysis & Commentary

While the majority of producers are still buying their equipment outright, there continues to be a number of farmers who have been nudged toward lease contracts in order to conserve capital and still have new, dependable equipment with which to farm their land.

May 2019 Tractor & Combine Analysis

By Charlie Glass posted on June 12, 2019 | Posted in Analysis & Commentary

Our database for tractor and combine retail sales and field inventory are derived from AEM’s monthly Flash Reports.

April 2019 Tractor & Combine Analysis

By Charlie Glass posted on May 13, 2019 | Posted in Analysis & Commentary

2019 continues to unfold as a good year for the smaller horsepower tractors and equipment which are driven by the U.S. general economy, and a weak year for production agricultural equipment sales as net farm income continues to decline.

Did Ag Equipment Sales ‘Plunge’ in the First Quarter?

April 30, 2019

An April 26 report from Bloomberg was headlined “Farm Equipment Sales Plunge Most Since 2016 in Trade War Fallout.” The tractor and combine sales numbers published by the Assn. of Equipment Manufacturers (AEM) throughout the first quarter of this year don’t seem to tell the same story.

3 Factors That Will Boost U.S. Ag Market, Improve Equipment Sales Demand

By Casey Seymour posted on April 26, 2019

Source: Farm Equipment

2019 will be the year we look back and say, “This was the year things turned for the better.”

Chinese High-Tech Promises Challenge for Farm Machinery Makers

By Dan Crummett posted on April 25, 2019

Source: Farm Equipment

With the imposition of the first round of tariff hikes on Chinese goods in 2018, U.S. agriculture producers — and the folks who build the equipment they use — realized fully they have a big stake in a peaceful resolution to the redrawing of trade agreements between the world’s two largest economies.

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ARTICLES

Single-Store Deere Dealer Calls It Quits

July 2019 Tractor & Combine Analysis

Ag Equipment Sales Mid-Year 2019: U.S. So So; Canada Not So Much

KC Fed Bank: Large Loans Drive Further Increases in Farm Lending

June 2019 Tractor & Combine Analysis

May 2019 Tractor & Combine Analysis

April 2019 Tractor & Combine Analysis

Did Ag Equipment Sales ‘Plunge’ in the First Quarter?

3 Factors That Will Boost U.S. Ag Market, Improve Equipment Sales Demand

Chinese High-Tech Promises Challenge for Farm Machinery Makers

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