Data & Trends - Articles

Midwest Farm Lending Up, But Not Much for Equipment

By Dave Kanicki posted on May 22, 2015 | Posted in Data & Trends

Loan volumes for almost all farming purposes rose at commercial banks, as many producers contended with tighter profit margins, according to the April 2015 edition of the Agricultural Finance Databook from the Federal Reserve Bank of Kansas City. Agricultural lending continued to grow in the first quarter of 2015, but the smallest percentage of overall loans were for farm machinery and equipment, which showed little or no increase vs. a year ago.

Brazil’s Tight Credit Conditions Impacting Farm Equipment Sales

May 1, 2015 | Posted in Data & Trends, Equipment & Equipment Sales

While Brazil’s ag industry, like that here in the U.S. and the rest of the world, is suffering the effects of low commodity prices, it is also being hit with tightening credit conditions that the North American industry has not yet seen.

Mid-Range Tractor Sales Rise in April

May 1, 2015 | Posted in Data & Trends, Equipment & Equipment Sales

North American large ag equipment sales continued to decline in April, with 4WD tractor sales down 32.3% year-over-year, combine sales down 33.3% and row-crop tractor sales down 16.6%, according to the latest numbers released by the Assn. of Equipment Manufacturers.

Production Efficiencies Stabilize Corn Demand for Ethanol

May 1, 2015 | Posted in Biofuels, Commodities, Data & Trends

Farm equipment manufacturers and dealers who reaped the benefits of the explosive growth of corn ethanol in the past decade with skyrocketing equipment sales, probably shouldn’t count on anything near that level of growth in the decade ahead.

New Holland, John Deere are Market Leaders in EU Tractor Sales

May 1, 2015 | Posted in Data & Trends, Equipment & Equipment Sales

New Holland and John Deere were the market leaders as the top selling farm tractors during 2014 in 10 of the 14 European Union countries featured in the April 23 issue of the German publication Eilbote.

Growing Global Competition Keeps Pressure on Corn, Soybean, Wheat Pricing

May 1, 2015 | Posted in Commodities, Data & Trends

USDA released its May World Agricultural Supply and Demand Estimates (WASDE) on May 12, and projected growing worldwide competition will keep downward pressure on prices for the three major crops — corn, soybeans and wheat — for the 2015-16 season.

Midwest Farm Lending Up $8.1 Billion in 1Q15

May 1, 2015 | Posted in Data & Trends, Earnings Reports

Loan volumes for almost all farming purposes rose at commercial banks, as many producers contended with tighter profit margins, according to the April 2015 edition of the Agricultural Finance Databook from the Federal Reserve Bank of Kansas City.

Used Equipment Sales in U.S. Helps Rocky Mountain Increase 1Q Sales Revenues

May 1, 2015 | Posted in Data & Trends, Equipment & Equipment Sales

Moderate weather, stable commodity prices and an increase in grain deliveries added up to higher first-quarter revenues for the Calgary, Alberta-based Rocky Mountain Dealerships.

Ranks of the 'Big Dealers' Continue to Grow

April 27, 2015 | Posted in Data & Trends

According the 2015 edition of the "Big Dealer Report" compiled by Ag Equipment Intelligence and Currie Management Consultants, the total number of dealer groups that own 5 or more stores increased to 188, up from 181 in the previous year.

Mid-Range Tractor Sales Soften in March

April 1, 2015 | Posted in Data & Trends, Equipment & Equipment Sales

North American large ag equipment sales continued to decline in March, with the biggest drops coming from combines at down 47.8% (vs. 24.1% the previous month) and 4WD tractors at down 23.7% (vs. down 39.5% the previous month).

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Midwest Farm Lending Up, But Not Much for Equipment

Brazil’s Tight Credit Conditions Impacting Farm Equipment Sales

Mid-Range Tractor Sales Rise in April

Production Efficiencies Stabilize Corn Demand for Ethanol

New Holland, John Deere are Market Leaders in EU Tractor Sales

Growing Global Competition Keeps Pressure on Corn, Soybean, Wheat Pricing

Midwest Farm Lending Up $8.1 Billion in 1Q15

Used Equipment Sales in U.S. Helps Rocky Mountain Increase 1Q Sales Revenues

Ranks of the 'Big Dealers' Continue to Grow

Mid-Range Tractor Sales Soften in March

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