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Strong U.S. Dollar Creates Headwinds for CNHI

February 1, 2016 | Posted in Data & Trends, Earnings Reports

CNH Industrial reported its fourth quarter and full year 2015 financial results on Jan. 29.

AGCO Steps Up Platform Rationalization Plans

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

First evidence in North America of AGCO’s efforts to reduce production costs by rationalizing its worldwide tractor platforms emerged at the National Farm Machinery Show, Feb. 10-13 in Louisville, Ky., with the launch of the Massey Ferguson 4700 Series.

Look for More Auctions, Improving Used Equipment Inventories in 2016

January 25, 2016 | Posted in Data & Trends

“Looking out into 2016, it’s easy to focus on the sheer amount of used equipment available,” says Greg Peterson, also known as Machinery Pete. “In addition to the used inventory on dealers’ lots, I’m also seeing a big increase in the number of machinery auctions.”

2016 ‘Likely’ Bottom in Big Ag Sales Drop

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

In RW Baird’s “2016 Outlook” report (Dec. 22, 2015), analyst Mircea (Mig) Dobre, summarized his thoughts on the year ahead. "2016 likely marks the bottom in NA large ag equipment declines, but excess channel inventory is still an issue limiting a potential rebound in 2017..."

Krone North America Reports 28% Revenue Growth

January 1, 2016 | Posted in Data & Trends, Earnings Reports

The Memphis, Tenn.-based operations of Krone, one of Europe’s leading hay equipment manufacturers, made a significant contribution to the company’s global sales growth in the 2014-15 financial year ended July 31, in the face of weakening markets.

Suppliers to Equipment Manufacturers See Stiff Year Ahead, Hopeful for 4Q

January 1, 2016 | Posted in Data & Trends, Earnings Reports

Ag Equipment Intelligence checked in with several companies that supply metal components to farm equipment manufacturers on business conditions and the outlook for their business in 2016.

Ag Sales Decline Slows in December

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

North American large ag equipment sales declines moderated during December, but mid-range sales were weak, according to the latest numbers released by the Assn. of Equipment Manufacturers.

Deere's Allen: 'Today's Crop Surplus is Not Excessive'

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

Addressing the question, “When do you see a rebound in store for the agricultural sector?” Samuel Allen, Deere & Co. chairman and CEO, said in the company’s 2015 Annual Report, “Nobody knows the answer, but we do know the current downturn is about too much supply, not too little demand.

No-Tillers Wary of Sharing Data

January 1, 2016 | Posted in Data & Trends, Mergers & Acquisitions, Technology

A survey of no-till farmers by Ag Equipment Intelligence's sister publication, No-Till Farmer, revealed that a large majority of this group of growers want the data gathered from their field operations to remain confidential.

Claas Posts Best-Ever Sales Revenues in 2014-15

January 1, 2016 | Posted in Data & Trends, Earnings Reports

Despite the worldwide hiatus in agricultural machinery markets, Claas managed to surpass its previous best sales performance in the 2014-15 financial year ended Sept. 30.

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Data & Trends
RSS

Strong U.S. Dollar Creates Headwinds for CNHI

AGCO Steps Up Platform Rationalization Plans

Look for More Auctions, Improving Used Equipment Inventories in 2016

2016 ‘Likely’ Bottom in Big Ag Sales Drop

Krone North America Reports 28% Revenue Growth

Suppliers to Equipment Manufacturers See Stiff Year Ahead, Hopeful for 4Q

Ag Sales Decline Slows in December

Deere's Allen: 'Today's Crop Surplus is Not Excessive'

No-Tillers Wary of Sharing Data

Claas Posts Best-Ever Sales Revenues in 2014-15

Get all things Ag Equipment Intelligence all the time!

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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

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

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