Covid-19 - Articles

European Tractor, Harvester Production Resumes at a Modest Pace

May 15, 2020 | Posted in Ag Equipment Worldwide

Tractor and harvester production is underway in Europe once more after extended shutdowns brought output to a complete halt as the coronavirus pandemic took hold.

Pork Export Volume Up 38% in March, Beef Exports Up 7%

May 15, 2020 | Posted in Data & Trends

Underpinned by record production, U.S. pork exports completed a tremendous first quarter with new March records for volume and value, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

Kubota Reports Revenue Down 8.6% in 1Q20

May 15, 2020 | Posted in Earnings Reports

For the three months ended March 31, 2020, revenue of Kubota Corporation and its subsidiaries decreased by ¥41.2 billion ($380 million) or 8.6% from the same period in the prior year to ¥439.5 billion ($4.1 billion).

Equipment Leasing & Finance Industry Confidence Rises Slightly in May

May 15, 2020 | Posted in Data & Trends

The Equipment Leasing & Finance Foundation (the Foundation) has released the May 2020 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Overall, confidence in the equipment finance market improved with an index of 25.8, up from the historic low in April of 22.3.

April Ag Equipment Sales Down, But Not Too Bad

May 15, 2020 | Posted in Equipment & Equipment Sales

With mounting fears brought on by the coronavirus, some expected sales of farm machinery would take a hit in April. While North American dealer unit sales fell for large ag equipment in April, declines moderated from March.

Disruptions in Supply Chain Creates Dilemma for Protein Producers

May 15, 2020 | Posted in Commodities

The COVID-19 pandemic is resulting in some confounding issues in the protein sector of U.S. agriculture. One of which is plenty of product with nowhere to go.

Is There a Downside to Government Payments to Farmers?

May 15, 2020 | Posted in Analysis & Commentary

Last month USDA announced $16 billion in direct support to farmers and ranchers along with $3 billion of commodity purchases. While Ashish Gupta, analyst for Stephens Inc., sees a possible uptick in ag equipment sales as a result of direct payments, he also sees a downside to the payments.

Business Changes Will Remain Post COVID-19 for Farm Equipment Dealers

May 15, 2020 | Posted in Ag Equipment Business

As “business as usual” starts to return in some form for farm equipment dealers, nearly a third of dealers say there will be “significant changes” to how they conduct day-to-day business.

On the Record

Auction Prices on the Rise, While Used Retail Prices Drop

By Kim Schmidt posted on May 15, 2020

The latest episode of On the Record is no available! In this week’s episode, we compare what Machinery Pete is seeing in auction prices to what dealers report used equipment retail values to be. Also in this episode, dealers share what changes they anticipate in day-to-day business once we are passed COVID-19 and CNH Industrial and AGCO report their first quarter results. In the Technology Corner Jack Zemlicka talks with Tim Norris about how Raven has adjusted its strategy to showcase its AutoCart and DOT platforms to dealers.

April 2020 Tractor & Combine Analysis

By Charlie Glass posted on May 12, 2020 | Posted in Analysis & Commentary

All equipment retail sales exceeded monthly expectations or were nearly flat in the month of April. Higher horsepower tractors were the only exception, being 9.5% below the monthly forecast.

Articles Tagged with ''COVID-19''

European Tractor, Harvester Production Resumes at a Modest Pace

Pork Export Volume Up 38% in March, Beef Exports Up 7%

Kubota Reports Revenue Down 8.6% in 1Q20

Equipment Leasing & Finance Industry Confidence Rises Slightly in May

April Ag Equipment Sales Down, But Not Too Bad

Disruptions in Supply Chain Creates Dilemma for Protein Producers

Is There a Downside to Government Payments to Farmers?

Business Changes Will Remain Post COVID-19 for Farm Equipment Dealers

Auction Prices on the Rise, While Used Retail Prices Drop

April 2020 Tractor & Combine Analysis

Get all things Ag Equipment Intelligence all the time!

Current Issue

Ag Equipment Intelligence

Producer Price Index Percentage Changes — Ag Equipment & Parts Segment

‘Big 3’ Maintain Majority of Sprayer Market, but Share Slips Slightly

Major Line OEMs Weigh in on 2025

Must Read Free Eguides

Videos

AGCO Aims for $2 Billion in Precision Ag Business by 2029