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Dealers Forecast Revenue, Unit Sales Growth for 2021

October 15, 2020 | Posted in Data & Trends

It’s been a strange year for dealers to say the least. They’re facing the long term effects of a global pandemic and ongoing low commodity prices, as well as an election year in the U.S. In spite of all that, results from the Ag Equipment Intelligence 2021 Dealer Business Outlook & Trends survey show dealers not only beat last year’s estimates for sales in 2020, but they’re now predicting greater revenue growth in 2021 than they did for 2020.

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Improved 2018 Sales Sets the Tone for 2019 Outlook

October 12, 2018 | Posted in Data & Trends

After several difficult years, it looks as if U.S. and Canadian farm equipment dealers are back on firm footing. With that said, probably the best thing the industry can do moving forward is to not compare current conditions to the boom years of 2008-14, which were not typical, and acknowledge that the ag equipment business is actually returning to a more normal state.

How North American Ag Equipment Dealers Compare with European Counterparts

January 1, 2018 | Posted in Data & Trends, Earnings Reports, Mergers & Acquisitions

When it comes to farm equipment revenue mix, European dealers rely far more on new equipment sales and less on used equipment sales than do dealers in the U.S. and Canada.

Rising Confidence Levels Mark Dealers’ 2018 Outlook for Improving Revenue

October 1, 2017 | Posted in Data & Trends

It has been nearly 6 years since North American farm equipment dealers expressed the level optimism about their revenue prospects as they have for 2018. In 2012, more than 55% of dealers expected revenues from the sales of new farm machinery to increase in 2013.

60% of Dealers Report Lower New Equipment Revenues in 2016

September 1, 2016 | Posted in Data & Trends

For most U.S. and Canadian farm equipment dealers, 2016 was worse than what they were projecting 12 months ago.

Dealers in Southeast & Pacific Expect Improved Sales Revenue in 2016

October 26, 2015 | Posted in Data & Trends

Of the 10 agricultural regions covered in Ag Equipment Intelligence’s 2016 Dealer Business Outlook & Trends report, dealers in only two are projecting a pick up in new equipment sales revenues.

Equipment Dealers Expect Another Slow Year

October 1, 2015 | Posted in Equipment & Equipment Sales

While more dealers are expecting new equipment sales to be as good or better in 2016 than they were in 2015, 39.7% of dealers expecting flat equipment sales isn’t necessarily optimistic when sales are already low.

How Will Dealers Fare During Full-Year 2014?

October 1, 2014 | Posted in Data & Trends

Nearly one-half of North American farm equipment dealers are expecting that full-year revenues from the sale of new equipment in 2014 will be down vs. 2013.

Good 4Q Revenues, But Rocky Mountain to Slow Its Acquisitions

March 1, 2011 | Posted in Data & Trends

Despite a strong showing in the final quarter (October – December) of 2010 and for the full year, Rocky Mountain Dealerships (RME) plans to scale back on buying any new dealers in the near term.

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AGCO Aims for $2 Billion in Precision Ag Business by 2029

In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.

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