While North American sales of high-horsepower tractors slowed somewhat inMarch, overall sales of tractors and combines continued at a healthy clip, according to the latest figures released by the Assn. of Equipment Manufacturers.
The Metalcasting Forecast & Trends special report published by the American Foundry Society is predicting bullish component demand by farm implement manufacturers in the next several years.
Citing a “large boost” in Lindsay Corp.’s irrigation equipment backlog as well as a 62% year-over-year growth in the fourth quarter for industry rival, Valmont, C. Schon Williams, analyst for BB&T Capital Markets, said in a note that the major players in irrigation systems are looking at “significant revenue growth for the rest of the year.”
Kunau Implement’s two dealerships are decidedly focused on production agriculture. But the DeWitt store is seeing an increase in rural lifestyle customers, with the percentage sitting at 7-10% now, Todd Kunau estimates.
North American sales of combines continued its torrid pace in February, but sales of row-crop tractors (>100 HP) appears to be cooling, according to the latest figures released by the Assn. of Equipment Manufacturers.
Italian tractor maker Same Deutz-Fahr Group (SDF) cashed in a large portion of its stockholding in German diesel engine supplier Deutz when it sold 24 million shares.
When Ag Equipment Intelligence conducted its “2001 Dealer Business Outlook & Trends” survey last September, it was apparent that U.S. farm equipment dealers were optimistic about increasing sales in the year ahead.
January saw a slowdown in sales of row-crop tractors, but 4WD equipment and combines continued on an upward path, according to the latest figures from the Assn. of Equipment Manufacturers (AEM).
After a modest turnaround in 2010, German farm equipment manufacturers are looking for a more significant jump in machinery sales in 2011, according to the Frankfurt-based VDMA Agricultural Machinery Assn.
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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.