new equipment inventories

On the Record

4Q Farm Equipment Auction Prices at Record High

By Kim Schmidt posted on January 14, 2022

In this episode, we discuss the farm equipment auction market, Deere's autonomous tractor introduction at CES 2022 last week, the continued decline in new and used equipment dealer inventories, and results of a survey on the impacts and lessons learned from the Deere work stoppage.

Dealers Reporting Used Equipment Inventories ‘Too High’ Reaches 7 Year Low

January 31, 2020 | Posted in Data & Trends

According to Ag Equipment Intelligence’s January 2020 Dealer Sentiment & Business Conditions Update report, the percentage of dealers reporting their used equipment inventories as “too high” has reached its lowest level since spring of 2012.

Dealer Inventory Levels, Used Pricing Continues to Stabilize

February 11, 2018 | Posted in Equipment & Equipment Sales

While more optimistic than they were a year ago, North American farm equipment dealers continue to acknowledge that booming machinery sales in 2018 probably isn’t in the offing. But the fact that their wholegoods inventory levels have improved significantly from a year ago is creating a more level playing field in which to operate.

Dealers Expect Improving Sales Levels for 2018

January 1, 2018 | Posted in Data & Trends

Despite ongoing concerns with low commodity prices, North American farm equipment dealers are far more optimistic about their business prospects than they were a year ago.

High New Equipment Inventories Continue to Plague Dealers

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

While the excessive backlog of used farm machinery has captured much attention for the past few years, high new ag equipment inventories are also posing major challenges for North American equipment dealers.

On The Record

Titan 'Rips the Band-Aid Off' with Inventory Reduction

March 24, 2016

In the latest episode we look at the fourth quarter and year-end financial results for Titan Machinery, Rocky Mountain Dealerships and Cervus Equipment and the moves they've made with reducing used equipment inventories, the creation of the Agricultural Data Coalition and more on how dealers are viewing both their new and used equipment inventories.

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.

Dealers Say New Equipment Inventories Still ‘Too High’

July 1, 2014 | Posted in Data & Trends

Figures released by the Assn. of Equipment Manufacturers on July 10 showed that, while large ag equipment sales declined again in June, inventory of these products on dealers’ lots continued to increase.

Titan Machinery Lowers New Equipment Inventories in 4Q

April 1, 2013 | Posted in Equipment & Equipment Sales

After facing analyst scrutiny during previous earnings reports for its growing inventory levels, which resulted in rising floorplan interest and other associated costs, Titan Machinery showed a significant decrease in new equipment levels in its fourth quarter, ending January 31, 2013.