The update said the portfolio performed well in the second quarter; equipment on operating lease was relatively flat, and delinquencies decreased sequentially. 

Ag Equipment Intelligence recently checked with Heartland Ag Systems President Arnie Sinclair on the integration of the distributor/manufacturer which was acquired by Titan Machinery in the summer of 2022. The acquisition brought together Case IH’s largest application equipment distributor with the major’s largest equipment dealer. 

Ag Equipment Intelligence editors were on the ground at the 2023 National Farm Machinery Show in Louisville, Ky., and noticed that 2 manufacturers had brought in dealers to run their booths.

U.S. grain farmers continued to purchase combines at a very healthy rate in 2022 and the total retail sales exceeded our original forecast by 7%.  

Over 100 horsepower tractors have maintained retail sales volume in 2022 that has exceeded our original forecast by 4.3%.