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Ag Equipment Intelligence

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August 2018

Volume: 24

Edition: 8

Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.

Table of Contents

Table of Contents

Rising Interest Rates, Repayment Issues Contribute to Dip in Farm Economy

September 28, 2018 | Posted in Data & Trends

Quarterly reports on surveys of bankers in three Midwestern Federal Reserve Bank districts indicate that rising interest rates and low commodity prices may impact farmers’ decisions on making larger, long-term investments in the near future. Farm equipment dealers should take note of this trend, as higher interest rates for farmers mean they will be less willing, or able, to take out a loan for capital expenditures.
Read More

Despite Growing Frustration with EPA, Ethanol Production, Exports Continue to Expand

September 28, 2018 | Posted in Biofuels, Data & Trends

Ethanol usage, which helped fuel the ag equipment sales boom from 2005-2013, has flattened out, but exports continue to prop up its overall production. Nonetheless, the fight to maintain and grow its place in the fuels market has been frustrating.
Read More

Kuhn Notes Positive Equipment Sales Trends, But U.S. Uncertainties Cause for Concern

September 28, 2018 | Posted in Earnings Reports

During the first half of its financial year, Kuhn Group has seen a positive trend in agricultural equipment orders and sales, but managers highlight political and weather-related issues that could have a negative impact over future months.
Read More

CNH Industrial Touts Strong Ag Order Book, improved 2Q Sales

September 29, 2018 | Posted in Earnings Reports

Besides reporting a 20% increase in net ag equipment sales in the second quarter (nearly 18% for the first half), the most encouraging news coming from CNH Industrial’s July 26 earnings report is its solid ag equipment order book going into the second half of the year.
Read More

Solid Increases in North America, Europe Pace AGCO’s 17% 2Q Sales Improvement

September 29, 2018 | Posted in Earnings Reports

Sluggish sales in South America (–12.8%) didn’t dim AGCO’s overall results as improving sales of farm machinery in the North American (+25.4%) and European regions (+21.7%) set the tone for AGCO Corp. in the second quarter of 2018. The company’s Asia/Pacific/Africa results were up 4.4%.
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South American Ag Equipment Intelligence

September 29, 2018 | Posted in Commodities, Equipment & Equipment Sales, Mergers & Acquisitions

Argentina’s president Maurcio Macri announced in July a new credit line for the ag machinery manufacturing sector.
Read More

Large Ag Retail Sales Accelerated in July

September 29, 2018 | Posted in Equipment & Equipment Sales

North American large ag equipment sales had another strong showing in July, with year-over-year sales up in all but one category, according to the most recent Assn. of Equipment Manufacturers report. But RW Baird analyst Mircea (Mig) Dobre expects this momentum is likely to dissipate.
Read More

Alamo, Titan Int’l, Trimble Q1&2 Earnings Reports

September 29, 2018 | Posted in Earnings Reports

Alamo Group reported on Aug. 1 that it produced both record net income as well as record net sales for both the second quarter and first half of 2018.
Read More

Kubota NA Revenues Rise 8%; Plans New European R&D Center

September 30, 2018 | Posted in Earnings Reports

Kubota Corp. registered solid sales results through the first half of the year, especially in North America. It also announced it is investing in a new R&D facility for Europe.
Read More

Trioliet Opens U.S. Parts Facility in Wisconsin

September 30, 2018 | Posted in Ag Equipment Worldwide, Equipment & Equipment Sales

A Dutch manufacturer of cattle feed mixer-feeders has opened a new distribution and parts center in Mineral Point, Wis., to meet increasing demand for wholegoods and parts in the North American market.
Read More

Rocky Mountain Dealerships 1H18 Sales Up 18%

September 30, 2018 | Posted in Earnings Reports

Rocky Mountain Dealerships, Canada’s largest ag equipment dealer which handles Case and New Holland-branded equipment, reported that its total second half sales increased by nearly 28%, or $66 million, to $303 million vs. $237 million in the same period last year.
Read More

Oxbo Expands ‘Floater’ Range with Dutch-Built Applicators

September 30, 2018 | Posted in Ag Equipment Worldwide, Equipment & Equipment Sales

Specialist agricultural equipment manufacturer Oxbo is building its presence in the North American “floater” application vehicle market with a second machine built by Dutch colleagues.
Read More

Cervus Equipment Posts 14% 2Q18 Revenue Gain; Ag Sales Up by 19%

September 30, 2018 | Posted in Earnings Reports

Record second quarter sales of new farm machinery boosted Cervus Equipment’s overall revenue by 14%.
Read More

UK Vegetable Equipment Makers Set Up Shop in U.S.

September 30, 2018 | Posted in Ag Equipment Worldwide, Equipment & Equipment Sales

A trio of British specialty potato and vegetable equipment manufacturers have set up shop in Fremont, Mich., to better serve U.S. customers and bolster their position in the market.
Read More

Worldwide Tractor Sales Grew 13% in 2017

September 30, 2018 | Posted in Data & Trends, Equipment & Equipment Sales

Agrievolution data show that in 2017 more than 2.1 million new tractors moved around the world.
Read More
Featured Articles

Featured Articles

Despite Growing Frustration with EPA, Ethanol Production, Exports Continue to Expand

September 28, 2018 | Posted in Biofuels, Data & Trends

Ethanol usage, which helped fuel the ag equipment sales boom from 2005-2013, has flattened out, but exports continue to prop up its overall production. Nonetheless, the fight to maintain and grow its place in the fuels market has been frustrating.
Read More

Rising Interest Rates, Repayment Issues Contribute to Dip in Farm Economy

September 28, 2018 | Posted in Data & Trends

Quarterly reports on surveys of bankers in three Midwestern Federal Reserve Bank districts indicate that rising interest rates and low commodity prices may impact farmers’ decisions on making larger, long-term investments in the near future. Farm equipment dealers should take note of this trend, as higher interest rates for farmers mean they will be less willing, or able, to take out a loan for capital expenditures.
Read More

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Ag Equipment Intelligence

View Archived Issues

August 2018

Table of Contents

Rising Interest Rates, Repayment Issues Contribute to Dip in Farm Economy

Despite Growing Frustration with EPA, Ethanol Production, Exports Continue to Expand

Kuhn Notes Positive Equipment Sales Trends, But U.S. Uncertainties Cause for Concern

CNH Industrial Touts Strong Ag Order Book, improved 2Q Sales

Solid Increases in North America, Europe Pace AGCO’s 17% 2Q Sales Improvement

South American Ag Equipment Intelligence

Large Ag Retail Sales Accelerated in July

Alamo, Titan Int’l, Trimble Q1&2 Earnings Reports

Kubota NA Revenues Rise 8%; Plans New European R&D Center

Trioliet Opens U.S. Parts Facility in Wisconsin

Rocky Mountain Dealerships 1H18 Sales Up 18%

Oxbo Expands ‘Floater’ Range with Dutch-Built Applicators

Cervus Equipment Posts 14% 2Q18 Revenue Gain; Ag Sales Up by 19%

UK Vegetable Equipment Makers Set Up Shop in U.S.

Worldwide Tractor Sales Grew 13% in 2017

Featured Articles

Despite Growing Frustration with EPA, Ethanol Production, Exports Continue to Expand

Rising Interest Rates, Repayment Issues Contribute to Dip in Farm Economy

Get all things Ag Equipment Intelligence all the time!

Top Articles

Current Issue

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

Videos

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