According to a recent report from the Assn. of Equipment Manufacturers (AEM), the relationship between ag equipment manufacturers and the customers who use their products is a complex one. There is no shortage of factors poised to influence how that relationship will evolve – for better or worse – in the not-too-distant future.
Overall unit sales of agricultural tractors and self-propelled combines in June 2020 rose in the U.S., and for the first time this year, grew in Canada as well according to the latest data from the Assn. of Equipment Manufacturers (AEM).
Compact tractors, 40-99 horsepower tractors, 100+ horsepower tractors and combine sales exceeded expectations in June, while 4WD tractors was the only category to not beat expectations.
The COVID-19 pandemic continues to take a toll on an industry that represents 12% of the U.S. manufacturing sector, according to a new survey released today by the Assn. of Equipment Manufacturers (AEM).
North American large ag equipment sales declined 20.1% in May, following April’s 11.1%drop. Mid-range and compact tractor sales were robust for the month, up 9.3% and
18.1%, respectively.
Compact tractors and 40-99 horsepower tractors sales exceeded expectations in May, while 100+ horsepower tractors, 4WD tractors and combine sales were below expectations.
Back in February, the U.S. Department of Agriculture (USDA) was projecting a $3.1 billion increase in net farm income this year. Then COVID-19 emerged. Now, a private forecast from the Food & Agriculture Policy Research Institute estimates farm income to drop roughly 11% from the USDA's original projection.
A threat to the Global Position System (GPS) has reemerged, and AEM is joining together with several other groups to lead the effort to defeat it again.
Unit sales of agricultural tractors and self-propelled combines in April 2020 rose in the U.S. according to the latest data from the Assn. of Equipment Manufacturers (AEM), putting total unit sales year-to-date roughly flat with 2019.
Nine out of 10 U.S. equipment manufacturers say the COVID-19 pandemic has had a very negative impact on the economy while more than half believe it has had a very negative impact on the industry overall, according to results of a survey released today by the Assn. of Equipment Manufacturers (AEM).
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There was plenty of technology on display at the World Dairy Expo in Madison, Wis., a few weeks ago. Farm Equipment editor Mike Lessiter caught up with Monarch Tractor’s John Issacson and got his take on the top 5 applications in autonomy right now.