Let’s face it, when it comes to news about the farm equipment business, John Deere almost always commands the most attention. So, it was a bit of a surprise when we tallied the total views of Ag Equipment Intelligence news items that appeared each Monday in Farm Equipment’s Ewatch Daily Email Updates throughout 2017 and AGCO claimed the top two spots.
On Dec. 12, 2017, Titan Machinery marked the 10th anniversary of becoming a public company by hosting an Investors Day meeting at the NASDAQ headquarters in New York, N.Y. Following the meeting Farm Equipment Executive Editor Dave Kanicki had the opportunity to interview Titan’s Chairman & CEO David Meyer.
Investments in agricultural machinery continue to grow in Argentina, even with low commodity prices. Data from Argentina’s National Institute of Census and Statistics (INDEC), tractor unit sales grew 37% in the third quarter, while sales of combines jumped 33% year-over-year.
Canada’s two largest farm equipment dealers, Rocky Mountain Dealerships and Cervus Equipment reported their third quarter earnings this month and both posted strong sales for the 3 month period and for the first 9 months of 2017.
Cervus Equipment, John Deere’s largest Canadian dealer group, posted third-quarter 2017 consolidated revenue gains of 10% as its ag and construction equipment markets continue to show signs of recovery.
An all-new combine design from AGCO reportedly brings not only unprecedented levels of performance and automation technology to the corporation’s harvester range, but also tackles some of the cost and logistics penalties of running a multi-brand strategy.
Both Italy’s Argo and India’s Mahindra have struck deals in Turkey to firmly establish themselves and increase their presence in the country in recent months.
After seeing an improvement in August, large ag equipment sales returned to double-digit declines in September, according to the latest sales figures coming from the Assn. of Equipment Manufacturers.
Expointer 2017, one the largest agricultural fairs in Latin America, was held Aug. 26-Sept. 3 in the city of Esteio, near Porto Alegre, capital of Rio Grande do Sul, where most Brazilian grain growers buy their machinery.
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.
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.