The Company saw another excellent quarter for revenues, coming in at $68.9, surpassed only by the record first quarters enjoyed in 2011 and 2012. Demand continues to be strong for tractors, seeding and tillage.
The real dollar exchange rate index, based on an agricultural trade-weighted average of exchange rates in U.S. export market countries, has fluctuated substantially since 1970.
Mahindra & Mahindra`s Farm Equipment Sector, a part of the USD $15.4 billion Mahindra Group, announced the total tractor sales in September 2012 came in at 20,085 units vs. 24,673 units for the same period last year, a decline of 18.6%.
Celebrating its 30th year in business, J D Equipment Inc. is pleased to announce its expansion in the global market for used agricultural equipment. J.D. Equipment Export LLC was recently formed as a wholly owned subsidiary to focus on the unique needs of global customers. The business is headquartered at the company's state-of-the-art facility in London, Ohio, and to provide a turnkey solution to customers throughout the world.
While the drought throughout the Midwest grain-producing region of the U.S. has industry observers speculating about its impact on farm machinery sales for all of 2012, North American retail sales have more than held its own through June and the first six months of the year.
With more cash in their pockets, Wisconsin farmers are spending it on tractors and other machinery - giving a boost to the rural economy and equipment makers such as John Deere Co.
U.S. exports of denatured and undenatured (non-beverage) ethanol set a new monthly record of 152.5 million gallons (mg) in November, according to government data released this morning.
Mahindra & Mahindra's Farm Equipment Sector (FES), reported domestic sales in October of 30,519 units vs. 23,378 units for the same period last year, an increase of 31%.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at President Trump's tariff reduction on ag equipment, the latest dealer sales forecasts, and how high input costs are keeping farmer sentiment down.
Since 1980, A&I Products has become a leading manufacturer and wholesale distributor of aftermarket replacement parts for the agricultural, turf, and industrial equipment markets. A&I Products' experience and expertise has greatly contributed to the company's reputation as a top supplier of quality, reasonably priced parts. Founded with roots as a small machine shop and repair facility, the company made the transition by manufacturing new parts to replace those that were identified as commonly needing repair. Throughout the 1980s, the company quickly garnered a reputation for offering quality parts at a reasonable price.
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.