This Producer Price Index (PPI) for ag equipment and parts illustrates the average change over time in selling prices received by domestic producers of goods and services.
This year’s Farm Equipment Dealer Business Outlook & Trends survey saw mixed results in dealer finances following last year’s stronger revenue growth forecasts.
USDA’s Economic Research Service forecasts inflation-adjusted U.S. net cash farm income (NCFI) — gross cash income minus cash expenses — to increase by $13.5 billion (8.7%) from 2021 to $168.5 billion in 2022. This is the highest level since 2012.
In the next installment of its “Ag Equipment Intelligence Lists” series, Ag Equipment Intelligence has compiled the financial information on North American agricultural equipment manufacturer associations.
According to Ag Equipment Intelligence’s second annual survey to farmers about shortline equipment preferences, farmers continue to buy shortline equipment due to the “quality for the price” and the major-lines’ lack of experience in niche areas.
According to the results of an Aug. 3 survey from Ag Equipment Intelligence, CNH dealers are seeing less wholegoods revenue impact from the ongoing UAW strike than they initially predicted.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.