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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.
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10 Takeaways from USDA’s 2017 Ag Census

April 23, 2019
Source: USDA
The average age of farmers in the U.S. is up and farms are producing less in agricultural products according to the 2017 Census of Agriculture. There are 3.4 million producers in the U.S. with an average age of 57.5 years, a rise of 1.2 years since the last survey in 2012.
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Rising Farm Equipment Prices Worry Dealers and Farmers

April 12, 2019
Ag Equipment Intelligence editors participated in a video conference earlier this month with a dozen large farm operators from various regions in the U.S., from the Western Corn Belt to California. A main topic of the discussion was the rising price of farm equipment.
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FAPRI Outlook for Next Decade Calls for ‘More of the Same’

April 12, 2019 | Posted in Data & Trends
The 2019 “U.S. Baseline Outlook: Projections for Agricultural and Biofuel Market” report is published by the Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri. It provides a longer term view of ag markets based on past and current trends combined with projected outcomes from the various segments of ag including various crops, biofuels along with livestock and dairy.
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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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Videos

Deere Reports 2Q Revenues of $11.3 Billion

Deere Reports 2Q Revenues of $11.3 Billion

In this week’s program, we report on Deere & Co.’s second quarter earnings and outlook for the remainder of the year. Publicly traded dealer groups Cervus Equipment and Rocky Mountain Dealerships both reported their first quarter results recently, and put an emphasis on moving used equipment in the quarter. CNH Industrial’s first quarter results took a hit du to unfavorable exchange rates. Also in this episode, Stanley Elliot, analyst with Stifel, provides some analysis of the 2017 USDA Census of Agriculture. In the Technology Corner, Jack Zemlicka talks about planned updates to the Agricultural Electronics Foundation’s compatibility database.
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Events

2019 Dealership Minds Summit

Date: 07/30/19
Location: Peoria, IL
Learn actionable sales strategies from the most influential “Dealership Minds” in the industry — of every color, size and experiences — during this one-of-a-kind event July 30-31 in Peoria, IL. You’ll discover leading dealer-to-dealer sales strategies during this 2-day networking and idea sharing event.
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