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Replacement Demand Spurs Sales Growth

December 1, 2017 | Posted in Data & Trends

Large ag equipment sales growth continued in November, although moderated from the highs reported in October to +5%, according to the latest numbers released by the Assn. of Equipment Manufacturers.

2017 Illinois Grain Farm Net Income to Drop Below 2016, But Better vs. Earlier Forecast

December 1, 2017 | Posted in Data & Trends

While crop receipts are usually a good signpost for farmers’ ability to spend on capital goods like machinery, more often than not, farm net income is the determining factor whether or not growers pull out their checkbooks.

Titan Machinery Back on Track? Posts Positive 3QFY18 Earnings

December 1, 2017 | Posted in Data & Trends, Earnings Reports

Citing “improved customer sentiment” in its agriculture segment and “continued growth” in its international markets, Titan Machinery raised its sales guidance for fiscal year 2018.

Replacement Demand for Large Equipment Fuels Deere’s Improved Outlook for 2018

December 1, 2017 | Posted in Data & Trends

Despite ongoing low crop prices, Deere & Co. is looking for solid sales growth of its ag equipment in the year ahead. During a conference call with analysts following the release of its earnings report on Nov. 22, Deere management cited farmers needing to replace equipment, evidenced by improving early order sales.

Cervus’ 3Q17 Revenues Rise 10%; New Ag Equipment Jumps 34%

November 1, 2017 | Posted in Data & Trends, Equipment & Equipment Sales

Cervus Equipment, John Deere’s largest Canadian dealer group, posted third-quarter 2017 consolidated revenue gains of 10% as its ag and construction equipment markets continue to show signs of recovery.

Ag Sales Surge Across the Board

November 1, 2017 | Posted in Data & Trends, Earnings Reports

Growth of farm equipment sales in October was the highest in nearly 7 years, according to the latest sales figures reported by the Assn. of Equipment Manufacturers.

After Strong 9 Months of Sales, Kubota Ups Full-Year Outlook

November 1, 2017 | Posted in Data & Trends, Mergers & Acquisitions

Stronger than expected sales of agricultural and light construction machinery was the basis for managers at Kubota to increase their forecast for year-end revenues.

Declines Return for Large Ag Equipment

October 1, 2017 | Posted in Data & Trends, Equipment & Equipment Sales

After seeing an improvement in August, large ag equipment sales returned to double-digit declines in September, according to the latest sales figures coming from the Assn. of Equipment Manufacturers.

Irrigation Dealers 2017 Revenue Outlook: ‘Modestly Optimistic’

October 1, 2017 | Posted in Data & Trends

A recent nationwide survey of pivot irrigation dealers conducted by Seaport Global Securities and Ag Equipment Intelligence shows this segment of agriculture, like farm equipment retailers, is generally optimistic about near-term revenue trends.

Rising Confidence Levels Mark Dealers’ 2018 Outlook for Improving Revenue

October 1, 2017 | Posted in Data & Trends

It has been nearly 6 years since North American farm equipment dealers expressed the level optimism about their revenue prospects as they have for 2018. In 2012, more than 55% of dealers expected revenues from the sales of new farm machinery to increase in 2013.

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Data & Trends
RSS

Replacement Demand Spurs Sales Growth

2017 Illinois Grain Farm Net Income to Drop Below 2016, But Better vs. Earlier Forecast

Titan Machinery Back on Track? Posts Positive 3QFY18 Earnings

Replacement Demand for Large Equipment Fuels Deere’s Improved Outlook for 2018

Cervus’ 3Q17 Revenues Rise 10%; New Ag Equipment Jumps 34%

Ag Sales Surge Across the Board

After Strong 9 Months of Sales, Kubota Ups Full-Year Outlook

Declines Return for Large Ag Equipment

Irrigation Dealers 2017 Revenue Outlook: ‘Modestly Optimistic’

Rising Confidence Levels Mark Dealers’ 2018 Outlook for Improving Revenue

Get all things Ag Equipment Intelligence all the time!

Top Articles

Current Issue

Ag Equipment Intelligence

Claas Doubles Business in 5 Years, as Predicted

AGCO Pushes Dealer Purity, Cuts Production Amid Low Demand

Aftermarket Marks Bright Spot for Dealers in 2025 Forecast

Must Read Free Eguides

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Dealers Expect Parts & Service Growth in 2025, Declines in Equipment Sales

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Get all things Ag Equipment Intelligence all the time!

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