In its March Feed Outlook report, the Economic Research Service of USDA is reporting continued strong demand from Brazil for U.S.-produced ethanol despite trade barriers enacted last year.
According to a March 6 report from the U.S. Energy Information Administration (EIA), estimated ethanol production margins at U.S. corn ethanol plants averaged 22 cents per gallon in 2017.
With particular focus on tine and short disc cultivators for fast, shallow tillage, Lemken’s operations in the U.S. and Canada, based in West Fargo, N.D., and St-Hyacinthe, Que., respectively, recorded double-digit sales growth in 2017.
Diesel power manufacturer Perkins Engines is re-aligning its North American distribution network with the appointment of Clarke Powered Solutions to service the Midwest and Northeast U.S.
After receiving positive responses from farmers in Europe and Asia, Sonalika Tractors, part of International Tractors Ltd. (ITL), is looking to expand its reach in 5 more markets. Apart from expanding its reach, the company is also aiming for 20% growth in 2018 based on its Indian business and other markets it is already catering to.
The Exel Group of France is expanding its presence in the North American spray and liquid fertilizer applicator market with the introduction of the Agrifac self-propelled sprayer range built in The Netherlands.
North American unit sales of new and used high horsepower farm machinery started their downhill slide in 2014 and it wasn’t until late 2017 that the industry began to see some pick up. During that period, farm equipment dealers renewed their efforts to increase the sale of parts and service.
President Donald Trump made waves in the ag equipment industry earlier this month when he announced tariffs on steel and aluminum imports in an effort to jumpstart the U.S. industry and protect national security. The tariffs are set to take effect March 23.
Following a record year for sales in 2017, tillage, seeding and planting equipment specialist Horsch has started 2018 with a buoyant order book and investment in a North American trials and demonstration site.
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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.