Typically, November is a seasonally slow month for North American large ag equipment sales, and that held true once again this year, according to the latest numbers released by the Assn. of Equipment Manufacturers.
With its public intent to become the big player in the global ag market, Kubota has continued to keep the industry playing “what if” scenarios, and the ripples throughout the ecosystems that will accompany any of its moves.
For the third year in a row, U.S. dealers are forecasting fewer additions to their precision farming departments, according to Ag Equipment Intelligence’s 2017 Dealer Business Outlook & Trends report.
While North American retail sales of ag equipment were weak overall in October, 4WD sales were strong in both the U.S. and Canada, according to the latest numbers released by the Assn. of Equipment Manufacturers.
Power transmission specialist Comer Industries is embarking on an ambitious growth plan that managers led by Fabio Storchi, president and CEO, expect to deliver significantly increased sales and improved profitability over the next 4 years.
FederUnacoma, the Italian Agricultural Machinery Manufacturers Federation, expects the downturn in farm machinery sales experienced by most countries to move into 2017, according to a release issued on Nov. 8, prior to the start of the EIMA ag equipment exhibition in Bologna.
While supply and demand imbalances continue to plague many ag machinery dealers, the three publicly held North American farm equipment dealership groups are reporting progress in reducing their equipment backlogs.
Although a few more dealers say their early equipment orders are up compared to this time last year, overall, new farm machinery order books continue on a downward slide that began 3 years ago.
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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.