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Kubota Forecasts More Overseas Production, Fuel Cell Technology

March 15, 2023 | Posted in Earnings Reports

During Kubota’s FY22 earnings call, Kubota President and Representative Director Yuichi Kitao addressed the company’s goal of moving more production overseas.

John Deere Spends More on Dealer Incentives, R&D in 2022

December 22, 2022 | Posted in Data & Trends

On Dec. 15, John Deere filed its 10-K annual report with the SEC, which includes details about the manufacturer’s operations outside its normal earnings reports.

Net Income of $903 Million Reported in Deere’s First Quarter

February 18, 2022 | Posted in Earnings Reports

Deere & Company reported net income of $903 million for the first quarter ended Jan. 30, 2022, or $2.92 per share, compared with net income of $1.224 billion, or $3.87 per share, for the quarter ended Jan. 31, 2021.

10-Year Picture Includes 11% Increase in Krone’s Ag Division in Just-Completed Fiscal Year

February 15, 2022 | Posted in Earnings Reports

In mid-January, Spelle, Germany-based Krone reported its 2020-21 fiscal year results. Ag Equipment Intelligence has been charting Krone’s financial data performance for more than 10 years, as summarized below.

Ag Equipment Manufacturers R&D Expenses vs. Ag Sales — 2011-20

December 15, 2021 | Posted in Ag Equipment Business

In the September 2021 issue, Ag Equipment Intelligence gathered financial data from the filings of the ag industry’s key publicly-traded manufacturers and compiled its own list of these companies’ research and development expenses.

Art's Way Sales Revenue Increases 7.5% in 1Q21

April 7, 2021 | Posted in Earnings Reports

Consolidated corporate sales for the three-month period ended Feb. 28, 2021 were $5,401,000 compared to $5,026,000 during the same period in fiscal 2020, an increase of $375,000, or 7.5%. The increase in consolidated revenue is due to increased sales in our Agricultural Products segment.

Big Ag Sales Sees Double Digit Growth

By Farm Equipment Staff posted on July 1, 2018 | Posted in Data & Trends, Equipment & Equipment Sales

North American large ag equipment sales maintained a healthy high-teens growth in June, according to the Assn. of Equipment Manufacturers’ latest report.

Large Ag Sales ‘Flattish’ in March

April 1, 2018 | Posted in Data & Trends

North American large ag equipment sales were relatively flat year-over-year in March. Row-crop tractor sales saw growth in both the U.S. and Canada, while 4WD and combine sales saw declines, according to the latest numbers released by the Assn. of Equipment Manufacturers.

Ag Sales Surge Across the Board

November 1, 2017 | Posted in Data & Trends, Earnings Reports

Growth of farm equipment sales in October was the highest in nearly 7 years, according to the latest sales figures reported by the Assn. of Equipment Manufacturers.

Big Ag Sales Still Sluggish in July

August 1, 2017 | Posted in Data & Trends

Sales of large ag equipment continue to struggle to gain significant upward momentum. The Assn. of Equipment Manufacturers reports that North American sales of high horsepower, 4WD tractors and combines were down 16% year-over-year in July, which follows decreases of 14% in June and 12% in April.

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Dairy Segment Provides Bright Spot in Current Ag Market

Deere Confident on ‘Producing to Demand’ in Fiscal Year 2025

Art’s Way Reports 3Q Ag Sales Drop 46%, Parts Ways with CEO

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Deere Production Could be Down 10-15% Next Year

In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.

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