Machinery manufacturer organizations in France and Italy have clashed over a decision to shift France’s SIMA agricultural machinery show in Paris to November next year, when it will overlap the EIMA international show staged in Bologna, Italy.
Major Equipment Intl. has announced the appointment of Wade Inc. as the U.S. importer of Major agricultural mowers and shredders. Wade Inc. is a fully authorized dealer of Major branded equipment including parts, service and maintenance.
A rapid, meaningful shift is occurring in U.S. ag as extreme weather overshadows the Trade War. Corn has rallied sharply breaking out of a 5 year range as persistent wetness has raised supply concerns. Prices seem poised to move higher; this helps farm economics which should drive equipment demand (equipment buys reduce farmer tax liability, replacement demand is already present).
Following AEM’s release of the May 2019 North American retail tractor and combine sales, John Deere announced its retail sales as they compared with the rest of the industry. Overall, Deere’s numbers were mixed vs. the rest of the ag industry.
As the trade wars continue to wage in U.S., farm equipment sales numbers mirror the uncertainty within the industry. U.S. sales saw minimal growth in most categories while Canada dropped in all but two, according to the latest AEM sales data.
Kioti Tractor, a division of Daedong-USA, announced the opening of its new distribution center in Mississauga, Ont. The new 60,000 square foot facility will serve the tractor maker’s Canadian dealers.
In a May 29 interview with CNBC’s Jim Cramer, Martin Richenhagen, AGCO’s CEO,
president and chairman, said the ag equipment manufacturer’s focus is to increase margins to 8%
in 2019 and 10% in 2020 and not necessarily on what’s happening in the world right now.
Machinery manufacturer organizations in France and Italy have clashed over a decision to shift France’s SIMA agricultural machinery show in Paris to November next year, when it will overlap the EIMA international show staged in Bologna, Italy.
More and more farm equipment in Canada is coming in for service or trade that’s had its software tuned or emissions systems removed by a third party with the intention of boosting performance. In this special Canadian Equipment Dealer report, we asked dealers to offer their perspective on this issue.
The Equipment Dealer’s Assn. announced the recipients of the 2019 Dealer’s Choice and Gold Level awards. The Dealer’s Choice Award is presented to the top rated company in each of EDA’s four manufacturer categories based on results of the annual Dealer-Manufacturer Relations Survey.
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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.