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Australian Ag Equipment Sales Reach $5.9 Billion in 2023

May 15, 2024 | Posted in Ag Equipment Business, Data & Trends

Total Australian ag equipment sales were up 5% year-over-year to $5.9 billion in 2023, according to a recent report from the Tractor and Machinery Assn. of Australia.

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AGCO Combine & Application Equipment Sales Down 30% in 1Q24

May 15, 2024 | Posted in Ag Equipment Business, Data & Trends, Earnings Reports

AGCO’s first quarter combine and application equipment sales brought in $254 million this year, a 30% year-over-year decrease.

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AGCO Reports $1.4 Billion in 2023 Tractor Revenue

April 2, 2024 | Posted in Earnings Reports

Revenue from replacement parts was up 3.8% year-over-year to $421 million.

Tractor Sales Growth Softens in U.S. & Canada

August 11, 2023 | Posted in Data & Trends

Overall unit sales of U.S. combines climbed 10.6% compared to July 2022, while sales of tractors declined 5.2% in the same month in 2022, driven largely by softness in the smaller horsepower segment.

4WD & Combine Sales Grow in 2022

January 15, 2023 | Posted in Data & Trends, Equipment & Equipment Sales

Large ag equipment sales rose 4% year-over-year in December, with strong growth in 4WD and combines while row-crop tractors saw their first year-over-year decline since August 2020, according to recent analysis from RW Baird analyst Mig Dobre.

Full-Year 2022 Tractor & Combine Sales — U.S. & Canada

January 15, 2023 | Posted in Data & Trends, Equipment & Equipment Sales

U.S. full-year equipment sales were down for compact and utility tractors but up for row-crop tractors and combines.

AGCO Forecasts 25,000 Fendt Tractors Sold in 2023

January 15, 2023 | Posted in Equipment & Equipment Sales

In an international press event held in fall 2022, executives at AGCO talked about the future of the Fendt brand and shed some light on the details of the brand’s post-pandemic growth.

December 2022 Tractor & Combine Analysis

By Charlie Glass posted on January 13, 2023 | Posted in Analysis & Commentary

U.S. grain farmers continued to purchase combines at a very healthy rate in 2022 and the total retail sales exceeded our original forecast by 7%.

Combine Sales Growth Strong in November

December 15, 2022 | Posted in Equipment & Equipment Sales

Large ag equipment unit sales rose 7.2% year-over-year in November. Combined U.S./Canada large ag equipment unit sales rose 7.2% in November vs. rising 29.6% in October.

October 2022 Tractor & Combine Analysis

By Charlie Glass posted on November 18, 2022 | Posted in Analysis & Commentary

Typically October is a strong retail month for over 100 horsepower tractors and this year is no exception and this segment is only slightly higher than our original forecast.

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Dealers Expect Parts & Service Growth in 2025, Declines in Equipment Sales

In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.

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