2016 is shaping up to be a difficult year but there are some bright spots shining through. U.S. farmers continue to exhibit some financial strength and that should allow them to take advantage of any future buying opportunities that might arise.
While North American retail sales of ag equipment were weak overall in October, 4WD sales were strong in both the U.S. and Canada, according to the latest numbers released by the Assn. of Equipment Manufacturers.
North American large ag equipment sales continue to be weak, with row-crop tractor sales declining 24.7%, 4WD tractor sales down 48.1% and combine sales dropping 25.5% year-over-year in March.
While North American large ag equipment sales continued to weaken in February, mid-range and compact equipment sales experienced growth during the month, according to the latest numbers released by the Assn. of Equipment Manufacturers.
In a surprise move, on March 4, analysts at RW Baird upgraded Titan Machinery shares to “outperform” from “neutral” and raised its share price target to $16 from $12.
North American large ag equipment sales saw some positive movement in January, according to the latest numbers released by the Assn. of Equipment Manufacturers.
North American large ag equipment sales declines moderated during December, but mid-range sales were weak, according to the latest numbers released by the Assn. of Equipment Manufacturers.
North American sales of ag machinery continued on its upward trend in March with strong growth, as reported by the Assn. of Equipment Manufacturers. According to Mircea (Mig) Dobre, machinery analyst with RW Baird, U.S. and Canada ag equipment retails sales grew across nearly every category as it has during the past several months.
North American sales of ag machinery in February, as reported by the Assn. of Equipment Manufacturers, represented “more of the same” that dealers and manufacturers have seen in the past year or more: a strong upward trend.
North American ag equipment retail sales grew across all categories in December. Year-over-year comparisons were positive for all equipment categories.
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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.