A strong order book at the beginning of the year was a welcome legacy for Kuhn’s commercial activities last year as 2019 ended with only a modest drop in net sales as a challenging North American market dimmed prospects for 2020 figures.
Tractor sales in South Africa plummeted last year as initial uncertainty over harvest prospects in summer cropping areas, followed by drought conditions that held back timely planting, had a profound impact on grower investment sentiment.
Despite devastating bushfires and an ongoing drought, Australian ag equipment dealers managed to sell more tractors in the final month of 2019 than in the year prior, with mid- to upper range 100-200 horsepower models doing best with a volume 15% higher than in 2018.
Distortions in the registrations data used to monitor tractor sales in the United Kingdom have resulted in figures for 2019 that appear to show some growth, when, in fact, a drop in sales was the reality.
Farmers in France bought more new tractors in 2019 than in any year since 2013, lifting Europe’s second largest tractor market to between 40,000-42,000 units of all types, including specialist vineyard tractors and groundscare models.
While big tractor-mounted loaders continue to hold sway in North America for feeding livestock, stacking bales, loading manure and other handling duties, French farmers underscored their appreciation of telescopic handlers last year by purchasing more of them than ever.
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.
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.