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Articles Tagged with ''Charlie Glass''

July 2020 Tractor & Combine Sales Analysis

By Charlie Glass posted on August 14, 2020 | Posted in Analysis & Commentary

In line with June, compact tractors, 40-99 horsepower tractors, 100+ horsepower tractors and combine sales exceeded expectations in July, while 4WD tractors was the only category to not beat expectations.

June 2020 Tractor & Combine Sales Analysis

By Charlie Glass posted on July 13, 2020 | Posted in Analysis & Commentary

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.

March 2020 Tractor & Combine Analysis

By Charlie Glass posted on April 13, 2020 | Posted in Analysis & Commentary

For March 2020, all equipment retail sales categories fell below the monthly forecast except for combines, which surpassed the forecast by 43 units.

February 2020 Tractor & Combine Analysis

By Charlie Glass posted on March 11, 2020 | Posted in Analysis & Commentary

Sales for under 40 horsepower tractors, 40-99 horsepower tractors and combines were below year-to-date forecasts, while 100+ horsepower tractors and 4WD tractors exceeded forecasts.

GMG Issues 2020 Annual Tractor & Combine Retail Sales Forecast

By Charlie Glass posted on November 19, 2019 | Posted in Equipment & Equipment Sales

GMG uses historic data models that track net farm income, net farm cash income, commodity prices, currency exchange rates, worldwide agricultural market data and other factors that influence the purchase of tractors and combines in the U.S.

October 2019 Tractor & Combine Analysis

By Charlie Glass posted on November 12, 2019 | Posted in Analysis & Commentary

Total tractor sales in October fell about 8%, with utility tractors (40-100 horsepower) showing the only growth at up 6%. Compact tractor (under 40 horsepower) sales fell 11% last month and high horsepower tractors (over 100 horsepower) fell 18%.

September 2019 Tractor & Combine Analysis

By Charlie Glass posted on October 11, 2019 | Posted in Analysis & Commentary

Worldwide economic unrest along with political unrest both here and abroad has placed a black cloud over the U.S. agricultural economy and has slowed large equipment sales to almost a crawl.

July 2019 Tractor & Combine Analysis

By Charlie Glass posted on August 13, 2019 | Posted in Analysis & Commentary

The downturn that we are experiencing today is certainly as dramatic as those early ones, but today farmers are not encumbered with massive debt and the current interest rates are very reasonable for those who have debts to service. This certainly is not a pleasant experience for anyone in the industry, but there is much more optimism than in previous downturns.

April 2019 Tractor & Combine Analysis

By Charlie Glass posted on May 13, 2019 | Posted in Analysis & Commentary

2019 continues to unfold as a good year for the smaller horsepower tractors and equipment which are driven by the U.S. general economy, and a weak year for production agricultural equipment sales as net farm income continues to decline.

March 2019 Tractor & Combine Analysis

By Charlie Glass posted on April 11, 2019 | Posted in Analysis & Commentary, Data & Trends

2019 certainly won’t be viewed as a “banner year” for agricultural equipment sales, but it will be slightly ahead of the 2018 levels.

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