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Rabobank Anticipates 2017 Pick Up in Ag Equipment Sales

March 29, 2016 | Posted in Data & Trends

When commodity prices fall, farm equipment purchasing is the first area in which farmers reduce spending. In their February report, Rabobank analysts Kenneth Zuckerberg and Sterling Liddell anticipate that commodity prices will stabilize over the next 5 years to near break-even levels.

Currency Translation, Commodity Prices Negatively Impact Farm Equipment Manufacturers’ Full-Year Sales

March 1, 2016 | Posted in Data & Trends, Earnings Reports, Equipment & Equipment Sales

For most, the negative impact of currency translation and the continuing headwinds from agricultural commodity prices meant double digit loses for full-year farm equipment-related net sales.

Mid-Range Tractor Sales Up in February

March 1, 2016 | Posted in Data & Trends, Equipment & Equipment Sales

While North American large ag equipment sales continued to weaken in February, mid-range and compact equipment sales experienced growth during the month, according to the latest numbers released by the Assn. of Equipment Manufacturers.

CNH JV Türk Traktör Dominates Turkish Tractor Market

March 1, 2016 | Posted in Data & Trends, Mergers & Acquisitions

Support for agriculture in Turkey is continuing to drive an already substantial tractor market, with annual sales growing by more than 7,000 units for the second year in succession as farmers capitalized on generous subsidies and low interest loans.

Used Equipment Backlog Improves, But Not New Equipment Inventories

February 8, 2016 | Posted in Data & Trends

According to Ag Equipment Intelligence’s most recent Dealer Sentiments & Business Conditions Update survey, a net 55% of dealers reported new equipment inventories as “too high,” a deterioration from a net 53% in the previous month. Meanwhile, used equipment inventory levels improved with a net 37% of dealers reporting inventory as “too high” vs. 44% the month before.

January Ag Sales Post Some Positives

February 1, 2016 | Posted in Data & Trends

North American large ag equipment sales saw some positive movement in January, according to the latest numbers released by the Assn. of Equipment Manufacturers.

Italian Ag Equipment Sales Rose in 2015; First Time in 6 Years

February 1, 2016 | Posted in Data & Trends

Machinery manufacturers and dealers in Italy received a welcome boost in 2015 when the market for tractors and combines broke both national and Europe-wide trends to record an increase in sales over the prior year.

AGCO Makes Strides in Inventory Reduction, Still More Needed

February 1, 2016 | Posted in Data & Trends, Equipment & Equipment Sales

AGCO reported fourth quarter and full year 2015 results on Feb. 2.

Germany’s Lemken Reports 4.7% Drop in 2015 Net Profits

February 1, 2016 | Posted in Data & Trends, Mergers & Acquisitions

Specialty equipment maker, Lemken GmbH & Co., based in Alpen, Germany, reports that its net profits during the past year declined by 4.7% to £327 million ($367.5).

High Volumes of Farmer Operating Loans Persist; Interest Rates for Equipment Rising

February 1, 2016 | Posted in Data & Trends

As farmers’ profit margins remain low going into 2016, levels of non-real estate farm lending at commercial banks persisted at high levels at the end of fourth quarter 2015.

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Data & Trends
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Rabobank Anticipates 2017 Pick Up in Ag Equipment Sales

Currency Translation, Commodity Prices Negatively Impact Farm Equipment Manufacturers’ Full-Year Sales

Mid-Range Tractor Sales Up in February

CNH JV Türk Traktör Dominates Turkish Tractor Market

Used Equipment Backlog Improves, But Not New Equipment Inventories

January Ag Sales Post Some Positives

Italian Ag Equipment Sales Rose in 2015; First Time in 6 Years

AGCO Makes Strides in Inventory Reduction, Still More Needed

Germany’s Lemken Reports 4.7% Drop in 2015 Net Profits

High Volumes of Farmer Operating Loans Persist; Interest Rates for Equipment Rising

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