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October 2019 Tractor & Combine Analysis

By Charlie Glass posted on November 12, 2019 | Posted in Analysis & Commentary

Total tractor sales in October fell about 8%, with utility tractors (40-100 horsepower) showing the only growth at up 6%. Compact tractor (under 40 horsepower) sales fell 11% last month and high horsepower tractors (over 100 horsepower) fell 18%.

September 2019 Tractor & Combine Analysis

By Charlie Glass posted on October 11, 2019 | Posted in Analysis & Commentary

Worldwide economic unrest along with political unrest both here and abroad has placed a black cloud over the U.S. agricultural economy and has slowed large equipment sales to almost a crawl.

July 2019 Tractor & Combine Analysis

By Charlie Glass posted on August 13, 2019 | Posted in Analysis & Commentary

The downturn that we are experiencing today is certainly as dramatic as those early ones, but today farmers are not encumbered with massive debt and the current interest rates are very reasonable for those who have debts to service. This certainly is not a pleasant experience for anyone in the industry, but there is much more optimism than in previous downturns.

June 2019 Tractor & Combine Analysis

By Charlie Glass posted on July 11, 2019 | Posted in Analysis & Commentary

While the majority of producers are still buying their equipment outright, there continues to be a number of farmers who have been nudged toward lease contracts in order to conserve capital and still have new, dependable equipment with which to farm their land.

May 2019 Tractor & Combine Analysis

By Charlie Glass posted on June 12, 2019 | Posted in Analysis & Commentary

Our database for tractor and combine retail sales and field inventory are derived from AEM’s monthly Flash Reports.

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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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