Home / COVID-19

Articles Tagged with ''COVID-19''

Ethanol Margins Improve, But Still Too Much Capacity

July 15, 2020 | Posted in Commodities

The COVID-19 outbreak exacerbated headwinds the ethanol industry was already grappling with, which included reduced gasoline consumption and softening exports. A recent report from CoBank indicates the ethanol industry currently has excess capacity of 1 billion gallons and this is expected to increase to 2.4 billion gallons in 2021.

Farmers Less Pessimistic About Their Farms’ Financial Performance

July 9, 2020 | Posted in Data & Trends

According to the June Purdue University-CME Group Ag Economy Barometer, farmers were less pessimistic about their farms’ financial performance in June than they were in April and May of this year, but they were noticeably more negative than in early spring 2019.

Farmer Sentiment Continues to Rise in June

July 7, 2020 | Posted in Data & Trends

Farmer sentiment improved again in June as the Purdue University-CME Group Ag Economy Barometer rose 14 points to a reading of 117.

Dealer Optimism Index Turns Positive in June Survey

July 6, 2020 | Posted in Data & Trends

According to the latest Dealer Sentiments & Business Conditions update, our Dealer Optimism Index, which measures sentiment among dealers compared to the prior month, turned positive after dropping in March. Sentiment rose to 9% in May (34% more optimistic, 41% in line and 25% less optimistic) from –40% in the previous month.

Mahindra, Escorts, & Sonalika Report Tractor Sales Up in June

July 6, 2020 | Posted in Equipment & Equipment Sales

According to reports from ETAuto, all three manufacturers saw impressive year-over-year sales increases in June, mostly in domestic sales.

Lindsay Corp. Reports 3Q20 Total Revenue Up 1.7%

July 2, 2020 | Posted in Earnings Reports

Revenues for the third quarter of fiscal 2020 were $123.1 million, an increase of $2.1 million, or 2%, compared to revenues of $121.1 million in the prior year third quarter. Net earnings for the quarter were $10.1 million compared with net earnings of $2.9 million for the prior year third quarter.

CNHI to Deliver Equipment to Uzbekistan, Support Cotton Harvest

July 2, 2020 | Posted in Ag Equipment Worldwide

The company will ship equipment from the Case IH, New Holland and CASE Construction brands to support Uzbekistan’s agricultural sector, specifically its cotton production, the country’s principal cash crop.

Dallas Fed 2Q20 Ag Survey Reports Weaker Ag Credit Conditions

July 1, 2020 | Posted in Data & Trends

Bankers responding to the second quarter survey reported overall weaker conditions across most regions of the Eleventh District. They noted that dry conditions are putting a strain on agricultural production despite some rainfall in late May.

Pandemic Impacts Fiscal First-Half Performance at Exel Industries

June 30, 2020 | Posted in Earnings Reports

The initial impact of the Covid-19 pandemic is reflected in first-half revenues at global crop sprayer and beet harvester group Exel Industries.

Farm Progress Show & Husker Harvest Days Cancelled for 2020

June 29, 2020 | Posted in Ag Equipment Business

Farm Progress confirmed both shows have been cancelled due to changing conditions related to the COVID-19 pandemic. In a statement, it was said the cancellations are "in the best interest of our visitors, exhibitors, partners and staff."

Image of a desktop, a phone, and newspaper

Get all things Ag Equipment Intelligence all the time!

Start Your Membership

Current Issue

Ag Equipment Intelligence

Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.

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

Download these helpful knowledge building tools

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

In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.

I am interior.sidebar.ad.5 EC area