Commodity prices

August 2016 Tractor & Combine Analysis

By Charlie Glass posted on September 15, 2016 | Posted in Data & Forecasts

Each time that Farm Equipment surveys dealers used equipment continues to be among their biggest worries. The past effects of Section 179 Bonus Depreciation has filled dealer's lots with a large number of relatively new, low hour tractors, combines and other equipment and these units have had an effect upon the sale of new equipment.

July 2016 U.S. Tractor & Combine Sales Analysis

By Charlie Glass posted on August 15, 2016 | Posted in Data & Forecasts

Planting is completed and the crop is beginning to reach the point of showing what the harvest might look like and all eyes are on commodity prices. Some farmers were astute enough to hedge their production costs earlier when commodities were selling at acceptable levels.

June 2016 U.S. Tractor & Combine Sales Analysis

By Charlie Glass posted on July 12, 2016 | Posted in Data & Forecasts

Wow! What a month! British citizens voted to leave the European Union and the world markets reacted violently. The Dow was down 611 points or nearly 3.3% from the previous close, and the U.S. dollar skyrocketed against other world currencies

May 2016 U.S. Tractor & Combine Sales Analysis

By Charlie Glass posted on June 16, 2016 | Posted in Data & Forecasts

For the largest categories of tractors and for combines the general economy certainly has an indirect effect upon sales activity at the dealerships. Rising commodity prices, a boon for farmers, ranchers and dealers, is reflected in an increased grocery bill for the consumer and is often accompanied by a resistance to paying the higher price for premium items.

Ag Equipment Intelligence

Rabobank Anticipates 2017 Pick Up in Ag Equipment Sales

By Dave Kanicki posted on March 29, 2016 | Posted in Data & Forecasts

Source: Ag Equipment Intelligence editors

When commodity prices fall, farm equipment purchasing is the first area in which farmers reduce spending. In their February report, Rabobank analysts Kenneth Zuckerberg and Sterling Liddell anticipate that commodity prices will stabilize over the next 5 years to near break-even levels.

Dealership Minds 2016: Kern Machinery

Keeping a Finger on the Pulse of Commodity Prices

By Dave Kanicki posted on January 27, 2016 | Posted in Data & Forecasts

Matt Godinho, sales manager of the Delano, Calif., location of Kern Machinery, talks about the impacts commodity prices can have on farmers' decisions of what to invest on in the future. The 54-part 2016 Farm Equipment Dealership Minds video series is sponsored by Charter Software.

Deere's Allen: 'Today's Crop Surplus is Not Excessive'

January 19, 2016 | Posted in Data & Forecasts

Deere & Co.'s Samuel Allen, chairman and CEO, responds to the question, "When do you see a rebound in store for the agricultural sector?"

Titan Machinery Cuts Inventory, Raises Cash

July 7, 2015 | Posted in Data & Forecasts, Dealer News

Titan Machinery has proactively been adjusting inventories and cash over the last 2 years in preparation for a downswing in large ag equipment and reports the company is healthy.

USDA’s Acreage & Grain Stocks Reports Give Crop Prices a Needed Boost

July 1, 2015 | Posted in Data & Forecasts

Corn and soybean futures saw their strongest sessions in 5 years following yesterday’s USDA Planted Acreage and Grain Stocks reports. The reports showed that domestic stockpiles of both crops were lower than expected as was planted acreage.