The latest report from Brazil’s Anfavea reveals that year-over-year tractor sales in January jumped by 71.6%, but were off by nearly 36% compared to December 2018.
North American sales of high horsepower (100-plus HP) tractors declined in February, but part of the drop off was absorbed by higher sales of combines and 4WD tractors, according to the Assn. of Equipment Manufacturers February report on farm machinery sales.
North American equipment dealers expect the solid sales levels of commercial and consumer equipment experienced in recent years to maintain an upward trend in the year ahead, according to the results of Rural Lifestyle Dealer’s most recent survey.
From cashflow to ordering and managing inventory, intelligently forecasting equipment sales are critical for dealers’ financial planning. Unlike dealerships catering to production farming that can use commodity pricing as a signpost for industry trends, for those specializing in rural lifestyle markets economic indicators are not so clear cut.
While some dealers see some positive in overall market conditions, for most it remains tough sledding, according to the results of the March 2015 "Dealer Sentiments & Business Conditions Update" survey.
In today's newscast we look at what a record harvest could mean for equipment sales, news of the first gallons of commercial-scale cellulosic ethanol being produced, Art's Way's second quarter results and dealers report sales growth in 5 out of 11 regions.
Source: Dealer Sentiments & Business Conditions Update, June 2014
For the first time since Ag Equipment Intelligence and Cleveland Research launched the Dealer Sentiments & Business Conditions Outlook survey in April 2011, sales of GPS and precision farming equipment took a backseat to another product category.
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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.