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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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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

Ethanol Exports Could Grow, But Little Impact on Equipment Sales

Ethanol Exports Could Grow, But Little Impact on Equipment Sales

In this week's program we look at a recent CoBank report on the potential for ethanol production growth over the next decade. Also in this episode, Jack Zemlicka discusses the post-planting mindset of "selling solutions" in the Technology Corner, and we dig into some of the results of the 6th annual Strip-Till Practices study from Strip-Till Farmer, another drop in machinery loans in the Dallas Federal Reserve district and improved 2Q revenues for Art's Way.
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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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