North American large ag equipment sales continued to decline in April, with 4WD tractor sales down 32.3% year-over-year, combine sales down 33.3% and row-crop tractor sales down 16.6%, according to the latest numbers released by the Assn. of Equipment Manufacturers.
New Holland and John Deere were the market leaders as the top selling farm tractors during 2014 in 10 of the 14 European Union countries featured in the April 23 issue of the German publication Eilbote.
Moderate weather, stable commodity prices and an increase in grain deliveries added up to higher first-quarter revenues for the Calgary, Alberta-based Rocky Mountain Dealerships.
While some dealers see some positive in overall market conditions, for most it remains tough sledding, according to the results of the March 2015 "Dealer Sentiments & Business Conditions Update" survey.
North American large ag equipment sales continued to decline in March, with the biggest drops coming from combines at down 47.8% (vs. 24.1% the previous month) and 4WD tractors at down 23.7% (vs. down 39.5% the previous month).
Russian dealer, Ekotechnika Group, which claims to be one of John Deere’s top three dealers in Europe, is blaming the collapse of the ruble and deteriorating financial and credit conditions in the country for its need to restructure its debt load.
The new 5,360 square foot facility will offer a selection of compact construction and ag equipment. The location will also bring Ziegler parts and service support closer to the surrounding area.
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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.