According to analysis from Yaroslav Navrotsky, Ph.D. at the Ukrainian Department of Investment and Logistics of the National Research Center Institute of Agrarian Economics, tractor production in Ukraine has decreased noticeably over the last 4 years.
A total of 154,522 tractors were registered in the EU in 2020, down 2.6% from 158,607 in 2019, according to the Axema 2021 Economic Report. 2020’s tractor registrations also represented a 1.8% increase from the 151,880 tractors registered in the EU in 2018.
Results of the 8th annual Strip-Till Operational Practices Benchmark study suggest 2020 was a “return to normal” for many strip-tillers whose fall berm-building plans had been disrupted by wet, soggy weather in 2019.
For the second month in a row, the Ag Economy Barometer declined sharply, falling to a reading of 137, which was 21 points below a month earlier, and the weakest ag producer sentiment reading since July 2020.
According to a recent report from the Federal Reserve Bank of Kansas City, agricultural debt at commercial banks continued to decline in the first quarter of 2021 and farm loan performance improved.
The general Business Climate Index for the Agricultural Machinery Industry in Europe may have reached its peak at the record level of +72 points (same as last month) on a scale of –100 to +100.
According to a recent report from the USDA, China’s corn imports jumped to a record 11.3 million metric tons in 2020, more than twice the volume imported in past years.
In a year when dealers are facing inventory shortages from wholegoods down to parts — including their precision offerings — their outlook for precision revenue in 2021 is largely positive.
Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.
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.