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U.S. Trails Canada in Farm Tractor Use

April 26, 2013 | Posted in Data & Trends
It may or may not come as a surprise to farm equipment industry observers, but the U.S. is not the biggest user of farm tractors on a per-capita basis. It's number two, trailing Canada as utilizing the highest number of farm tractors per 1,000 farmers.
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Sales Growth Continues in March

April 1, 2013 | Posted in Data & Trends, Equipment & Equipment Sales
North American sales of ag machinery continued on its upward trend in March with strong growth, as reported by the Assn. of Equipment Manufacturers. According to Mircea (Mig) Dobre, machinery analyst with RW Baird, U.S. and Canada ag equipment retails sales grew across nearly every category as it has during the past several months.
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How GSI Plays into AGCO’s Long-Term Plans

March 1, 2013 | Posted in Data & Trends
You can’t help but notice that farm equipment makers, especially the major full-line companies, are rushing to set up manufacturing and sales facilities overseas. And we’ve all heard about the growing number of mouths that farmers will have to feed over the next several decades.
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Feed Costs Continue to Weigh on Livestock Production, Pricing & Hay Tool Sales

March 1, 2013 | Posted in Data & Trends, Equipment & Equipment Sales
The outlook for equipment dealers catering to the livestock segment of U.S. agriculture will gradually improve as 2013 progresses with projected prices for cattle, hogs, broilers and milk continuing to rise and, in some cases, hit record highs. But many dealers expect that sales of hay tools will lag until input costs show some semblance of balance.
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