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Nearly Half of Rural Lifestyle Dealers Forecast Revenue Gains in 2015

January 1, 2015 | Posted in Data & Trends

After a solid pick up in revenues in 2014, 47% of North American dealers see sales revenues from their rural lifestyle and large property owner segments increasing again in the year ahead.

Equipment Sales Decline Continues

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

North American large ag equipment sales declines continued in December, a seasonally important month, according to the latest data released by the Assn. of Equipment Manufacturers, with 4WD tractor sales down 46.5% year-over-year, combine sales down 39.5% and row-crop tractors down 23.8%.

Survey Shows Corn Acres Slipping by 2%

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

Farm Futures most recent survey of farm- ers indicates that growers are ready to put in even more soybeans, according to Bryce Knorr, Farm Futures senior market analyst.

Most Major Commodities Took a Hit in 2014; But Grains Show Some Bounce

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

If declining grain prices made 2014 a tough year for farmers, ag equipment dealers and manufacturers, they might take some comfort in the fact that those involved with energy commodities had a worse one.

Expecting Flat Sales, AGCO Dealers Most Optimistic Going Into 2015

December 9, 2014 | Posted in Data & Trends

Dealers who handle AGCO-branded equipment expect flat sales in the year ahead making them the most optimistic for 2015, according to the most recent Ag Equipment Intelligence Dealers Sentiments & Business Conditions Update report.

Large Agricultural Equipment Sales Decline Accelerates

December 1, 2014 | Posted in Data & Trends, Equipment & Equipment Sales

North American large ag equipment retail sales declines accelerated in the seasonally lighter November, with 4WD tractor sales down 44.9% year-over-year, combine sales down 49.8% and row-crop tractors down 28.5%, according to the Assn. of Equipment Manufacturers November sales reports.

Large-Scale Operators Dominate Milk Production

December 1, 2014 | Posted in Commodities, Data & Trends

At least some part of the strong sales of utility tractors (40-100 horsepower) this past year — up 6.8% in the U.S. and 8.3% in Canada — can be attributed to the strong market for milk and dairy products starting last winter.

After Solid 3Q, Cervus Ramps Up Acquisition Efforts

December 1, 2014 | Posted in Data & Trends, Equipment & Equipment Sales

John Deere dealer group Cervus Equipment has entered into a Definitive Agreement to acquire the assets of Deer-Country Equipment (1996) Ltd., which includes its two dealerships in High River and Vulcan, Alberta.

Titan Machinery Continues Focus on Reducing Inventory; Drops Profit Outlook for FY 2015

December 1, 2014 | Posted in Data & Trends, Equipment & Equipment Sales

The prevailing headwinds that emerged in the second quarter of the year and began slowing industry equipment sales showed no signs of letting up in the third quarter, and continued to erode Titan Machinery’s bottom line.

Tough 3Q for Ag Equipment Makers

November 1, 2014 | Posted in Data & Trends, Farming Practices

AGCO reported its third quarter net sales were $2.2 billion, a 13% drop from third quarter sales in 2013. For the first 9 months of 2014, net sales were down 8.7% vs. last year.

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Data & Trends
RSS

Nearly Half of Rural Lifestyle Dealers Forecast Revenue Gains in 2015

Equipment Sales Decline Continues

Survey Shows Corn Acres Slipping by 2%

Most Major Commodities Took a Hit in 2014; But Grains Show Some Bounce

Expecting Flat Sales, AGCO Dealers Most Optimistic Going Into 2015

Large Agricultural Equipment Sales Decline Accelerates

Large-Scale Operators Dominate Milk Production

After Solid 3Q, Cervus Ramps Up Acquisition Efforts

Titan Machinery Continues Focus on Reducing Inventory; Drops Profit Outlook for FY 2015

Tough 3Q for Ag Equipment Makers

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

Must Read Free Eguides

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

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