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Forecasted Corn Yield Lowest Since 1995-96

August 20, 2012 | Posted in Data & Forecasts
While opinions vary on the impact the drought will have on farm equipment sales for the rest of this year and next, most analysts agree the lower yields will result in higher commodity prices. This combined with the wider use of crop insurance is likely to blunt a major falloff in ag machinery sales in 2013.
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Cervus Equipment Announces Second Quarter Results

August 8, 2012 | Posted in Data & Forecasts
During the three month period ended June 30, 2012, revenue increased by $49.6 million ($12.8 million for our agricultural equipment segment and $36.7 million for our commercial and industrial equipment segment) to $196.7 million from $147.1 million, an increase of 34%.
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From the Desk of Dave Kanicki

Dealership Outlook Taking a Cautious Turn

By Dave Kanicki posted on August 6, 2012 | Posted in Data & Forecasts
Dealer sentiments about equipment sales for the rest of the year look to be taking a "cautious"? turn and, in all likelihood, reflect the mood of their customers in the wake of the worst drought in the Midwest in more than three decades.
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U.S. Crop Conditions Continue to Decline

July 31, 2012 | Posted in Data & Forecasts
Yesterday, USDA released its weekly Crop Progress report that showed that the lack of rain throughout most major agricultural regions continue to negatively impact U.S. crops. For the eighth consecutive week, USDA said that the condition of the U.S. corn crop was worse than it was during the previous week.
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AGCO Reports Second Quarter Results

July 26, 2012 | Posted in Data & Forecasts
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, reported net sales of approximately $2.7 billion for the second quarter of 2012, an increase of approximately 14.1% compared to net sales of $2.4 billion for the second quarter of 2011.
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Forecast & Trends

Is the Ethanol Boom Stalling?

July 23, 2012 | Posted in Data & Forecasts
According to a June report in the Wall Street Journal, Ethanol demand is topping out. The amount used in gasoline is near federal mandates, and gasoline consumption is declining. After 15 straight years of growth, ethanol production this year will fall slightly and will be roughly flat next year, according to the U.S. Energy Information Administration's May forecast.?
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From the Desk of Dave Kanicki

The Effects of the Summer Drought

By Dave Kanicki posted on July 23, 2012 | Posted in Data & Forecasts
Depending on the part of the country where the dealer is located, his or her responses to "How is your business looking?" can differ somewhat, but it's clear that the drought has caught everyone's attention
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Big Dealer Consolidation Continues in 2024

Big Dealer Consolidation Continues in 2024

In this episode of On the Record, brought to you by Weasler Engineering, we break down the key takeaways from Ag Equipment Intelligence's newly released 2024 Big Dealer Report. In the Technology Corner, Noah Newman shows us how cover crop planting could be done autonomously. Also in this episode, CNH Industrial reports a drop in ag sales, AGCO combine and application equipment sales are down year-over-year and a UK New Holland factory strike could impact North America.

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Yetter Farm Equipment

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.
MonTag

Montag Mfg

Montag is the industry’s innovative leader for precise, accurate metering of fertilizer, seed and other nutrients. The Montag system has become the standard for deep banding of fertilizer. Montag is also pioneering the technology for cover crop seed application. The new Cover Crop+ is able to meter the smallest seed, and can be mounted to tillage implements, combines, plus Hagie sprayers and detasselers.

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Finance Scope

Finance Scope is able to provide the best financing opportunities for equipment dealers and customers through a diverse mix of lending companies under one single platform. Our large group of lenders, allows for competitive rates regardless of credit scores. Additionally, dealers and customers have access to the industry’s best expertise surrounding finance and lease structures, for all purposes, within the agricultural and construction industries. We provide all of this into one online platform to provide our customers with the best available tailored finance solution for their equipment.
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