Looking at the unit sales of tractors in the 15 countries reported on in the April 7 issue of the German publication Eilbote, many of the brands represented in each country’s top five brands in terms of market share are owned by the same companies.
North American large ag equipment sales continued to be weak in April, according to the latest numbers released by the Assn. of Equipment Manufacturers.
Amid ongoing weakness in commodity prices, Midwest and Mid-South farm income and quality farmland values continued to decline during the first quarter of 2016, according to the latest Agricultural Finance Monitor published by the Federal Reserve Bank of St. Louis (8th District) on May 12.
Demand for loans for ag equipment and other capital expenditures continued to decline in the first quarter of the year, the volume of large non-real estate farm loans continued to have a significant effect on changes in farm lending, according to the Federal Reserve Bank of Kansas City.
Increased sales of vineyard and orchard tractors was one bright spot in another challenging year for Carraro Group, supplier of axles, transmissions, gears and related components to OEMs worldwide.
While USDA’s May 10 report offered some optimistic news on crop surpluses, especially for soybeans, it remains to be seen whether or not the uptick in crop prices will hold.
North American large ag equipment sales continue to be weak, with row-crop tractor sales declining 24.7%, 4WD tractor sales down 48.1% and combine sales dropping 25.5% year-over-year in March.
During the 8 years that Ag Equipment Intelligence has formally tracked farm equipment dealer consolidations in the U.S. and Canada, the number of big dealers — those operating 5 or more retail locations concentrating on the sales of farm machinery — have increased by 26.5%.
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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.