ONGOING COVERAGE: Baltimore Port Closure

When asked in a recent Ag Equipment Intelligence survey, ag equipment manufacturers listed New York, Norfolk, Halifax, Brunswick, Galveston, Charleston and Savannah as ports they were using instead of Baltimore.

Shape of Things to Come for Farm Equipment Distribution?
The recent purchase of Kubota of Denver by the Bob Howard Luxury Auto Group has many industry watchers scratching their heads and pondering possible changes afoot in farm machinery marketing.
[Technology Corner] Future of Drone Use in U.S. Brighter After FAA Regulation Change
Big news in the drone world — the Federal Aviation Administration recently granted Texas-based drone builder Hylio a regulatory exemption that will allow it to swarm its heavy-lift drones with only one operator in control.
Bob Howard Luxury Auto Group Acquires Lakewood, Colo., Dealer Universal Tractor Co.
Performance Brokerage Services, North America’s highest volume dealership brokerage firm, announced the sale of Universal Tractor Co. in Lakewood, Colo., from the McCarty family to Bob Howard Luxury Auto Group.

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Mergers & Acquisitions

Bob Howard Luxury Auto Group Acquires Lakewood, Colo., Dealer Universal Tractor Co.
Performance Brokerage Services, North America’s highest volume dealership brokerage firm, announced the sale of Universal Tractor Co. in Lakewood, Colo., from the McCarty family to Bob Howard Luxury Auto Group.
Oxbo Acquires Westside Equipment Co.
Oxbo, a manufacturer of specialty harvesting and controlled application equipment, announced the adoption of the Oxbo brand across the Westside Equipment portfolio of products and locations.
Lindsay Announces Agreement to Acquire a Minority Interest in Pessl Instruments
Pessl boasts more than 80,000 connected in-field data collection devices globally, with 50,000 active customers using its FieldClimate online interface.

Earnings Reports

AGCO Reports $1.4 Billion in 2023 Tractor Revenue
Revenue from replacement parts was up 3.8% year-over-year to $421 million.
Deere Reports Dealer Inventories Approaching Pre-Pandemic Levels
In its first quarter 2024 earnings, John Deere reported that, as a percentage of trailing 12 month retail sales, its dealers inventories of over 100 horsepower tractors and combines were back to pre-pandemic levels.
AGI Reports 5% Improvement in 2023 Revenues
2023 marked the fourth straight record year for Ag Growth International (AGI). The Canadian shortline manufacturer reported its fourth quarter and year-end results on March 5.

Webinar Replay

20/20 Vision on M&A

Nothing impacts valuation and business strategy like turmoil and interruption. If hindsight is 20/20 (pun intended), what became clear about current and future M&A strategies going forward? Industry experts from Kcoe Isom’s Equipment Dealership and Strategic Advisory Teams share their vision of the current state of M&A in the industry and how you can best position yourself and your business for the future.

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Baltimore Port Closure to Impact High Horsepower Tractor Imports & Exports

In this episode of On the Record, brought to you by Weasler Engineering, we look at how the Port of Baltimore's closure will alter the flow of high horsepower tractors in and out of the country. In the Technology Corner, Noah Newman talks about some changes coming to drone operation regulations. Also in this episode, Kazakhstan's potential for the North American ag equipment industry and what 2024 holds for the sprayer market.

Adoption-of-Auto-Steer-&-Guidance-Systems-on-Row-Crop-Acreage-—-2001-19_700.jpg

[Podcast] Baltimore Port Closure to Impact High Horsepower Tractor Imports & Exports
In this episode of On the Record, brought to you by Weasler Engineering, we look at how the Port of Baltimore's closure will alter the flow of high horsepower tractors in and out of the country. In the Technology Corner, Noah Newman talks about some changes coming to drone operation regulations. Also in this episode, Kazakhstan's potential for the North American ag equipment industry and what 2024 holds for the sprayer market.
Baltimore Port Closure to Impact High Horsepower Tractor Imports & Exports
In this episode of On the Record, brought to you by Weasler Engineering, we look at how the Port of Baltimore's closure will alter the flow of high horsepower tractors in and out of the country. In the Technology Corner, Noah Newman talks about some changes coming to drone operation regulations. Also in this episode, Kazakhstan's potential for the North American ag equipment industry and what 2024 holds for the sprayer market.
Farmer Sentiment Improves as Interest Rate Expectations Shift
U.S. farmers’ outlook improved in March as the Purdue University/CME Group Ag Economy Barometer index increased to 114, 3-points higher than in February.
[Podcast] What Interest Rate Cuts Mean for the Ag Equipment Industry
In this episode of On the Record, brought to you by Associated Equipment Distributors, we talk to an analyst and dealers on how interest rate cuts could impact the ag equipment industry. In the Technology Corner, Noah Newman shows us how cover crop planting could be done autonomously. Also in this episode, the Baltimore bridge collapse, planter sales forecasts, leasing volumes and Titan Machinery's latest earnings report.

ONGOING COVERAGE: Baltimore Port Closure

Shape of Things to Come for Farm Equipment Distribution?

[Technology Corner] Future of Drone Use in U.S. Brighter After FAA Regulation Change

Bob Howard Luxury Auto Group Acquires Lakewood, Colo., Dealer Universal Tractor Co.

Mergers & Acquisitions

Bob Howard Luxury Auto Group Acquires Lakewood, Colo., Dealer Universal Tractor Co.

Oxbo Acquires Westside Equipment Co.

Lindsay Announces Agreement to Acquire a Minority Interest in Pessl Instruments

Earnings Reports

AGCO Reports $1.4 Billion in 2023 Tractor Revenue

Deere Reports Dealer Inventories Approaching Pre-Pandemic Levels

AGI Reports 5% Improvement in 2023 Revenues

Webinar Replay

20/20 Vision on M&A

Featured Video

Baltimore Port Closure to Impact High Horsepower Tractor Imports & Exports

Data & Trends

[Podcast] Baltimore Port Closure to Impact High Horsepower Tractor Imports & Exports

Baltimore Port Closure to Impact High Horsepower Tractor Imports & Exports

Farmer Sentiment Improves as Interest Rate Expectations Shift

[Podcast] What Interest Rate Cuts Mean for the Ag Equipment Industry

Podcasts

[Podcast] CNH Industrial & AGuru Partnership Reflects Growing Importance of Strip-Till

[Podcast] Big Dealers Now Operate Over 2,600 Locations

[Podcast] Rising Interest Rates Now a Top Concern for Farmers

Featured Products

2024 Rural Lifestyle Dealer Business Trends & Outlook

Ag Equipment Intelligence’s USDA Ag Census Reference Guide: 20 Years of Essential Agricultural Data (2002-2022)

Precision Ag Adoption Among No-Tillers

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