Articles Tagged with ''Ag Equipment Intelligence''

Ag Equipment Intelligence

Is CE Dealer Finning the Model for Farm Equipment Dealerships of the Future?

With Finning International's acquisition of Kramer Ltd. this past May, the fraternity of Caterpillar construction equipment dealerships in Canada became even more elite. This move leaves only eight CAT dealers operating 100 locations throughout the entire country. Nearly all of these are owned and operated by only three dealers, Finning and Toromont, both of which are publically held, as well as Hewitt Equipment.
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Forecast & Trends

2015 Global Ag Equipment Sales Forecast to Decline by 10%

Worldwide production and sales of farm machinery are expected to decline by 10% in 2015, according to the VDMA Agricultural Machinery Assn. based in Frankfurt, Germany.  After reaching an all-time sales high of $116 billion in 2013, sales of ag equipment fell slightly to about $114 billion last year.
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Ag Equipment Intelligence

Midwest Farm Lending Up, But Not Much for Equipment

Loan volumes for almost all farming purposes rose at commercial banks, as many producers contended with tighter profit margins, according to the April 2015 edition of the Agricultural Finance Databook from the Federal Reserve Bank of Kansas City. Agricultural lending continued to grow in the first quarter of 2015, but the smallest percentage of overall loans were for farm machinery and equipment, which showed little or no increase vs. a year ago.
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Analysis & Business Conditions Update

U.S. Tractor Sales 'Normalized' in 2014

A little over a year ago, Jim Tibbles, executive vice president of Osmundson Mfg., a manufacturer of tillage tools in Perry, Iowa, told us that he believed softening ag equipment sales in 2014 would represent a return to normal levels rather than a falloff.
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Farm Equipment

Reality Check Tech Shortage Goes Beyond Attracting Students

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