As Claas continues to invest in new central and eastern European markets, it says it is becoming more optimistic that global demand for agricultural machinery is recovering.
While a large majority of North American farm machinery dealers believe 2011 will produce solid sales numbers, most are expressing concerns about how their customers perceive the new Tier IV diesel engines that are being rolled out for the new selling season.
How North American farm equipment dealers’ view their prospects for increasing sales in the coming year is in stark contrast to what they saw ahead just a year ago.
While overall revenue for the third quarter ended June 30 dropped to $55.9 million from $76.7 for the same period a year ago, Buhler Industries reported on August 6 that equipment sales improved by $2.1 million compared with the second quarter of 2010.
Financial incentives to encourage farmers in Russia to buy new combines and tractors have been agreed to by provincial authorities and two domestic manufacturers.
Despite the strong Canadian dollar and incessant rains that delayed, and, in some cases, canceled planting in Western Canada, Ag Growth International Inc. (TSX: AFN) reported earnings on par with highs achieved during the previous year.
Czech tire maker CGS plans to start making farm tires in the U.S. for the first time and hopes to announce a location at the Farm Progress Show later this month.
Media coverage, burgeoning ethanol demand and the drive by production agriculture to meet a self-imposed goal of 300-bushel-per-acre corn yields by 2030 — to meet the world’s projected population growth and growing demands for higher protein diets — is driving increased awareness of twin-row cropping methods.
The impact of the rapid escalation of wheat prices on the sale of farm machinery will not be felt in 2010, according to Robert McCarthy, machinery analyst for RW Baird.
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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.