As the industry takes a bit of breather from a long, hard year, it’s a good time to ponder where commodity prices, which mightily impacted the ag equipment business, might be heading over the longer term.
In today’s newscast we report on the results of the latest Dealer Business Trends & Outlook report, how the lifespan of precision farming equipment compares to machinery, a drop in ag equipment demand in 2015 and how 2014 equipment sales stack up against the 5- and 10-year averages.
AGCO announced it has increased the company’s quarterly dividend to $0.12 per outstanding share, up $0.01 from $0.11 per outstanding share paid last quarter.
After a solid pick up in revenues in 2014, 47% of North American dealers see sales revenues from their rural lifestyle and large property owner segments increasing again in the year ahead.
In today’s newscast we report on the impact the California drought and low commodity prices had on the ag industry, Buhler growing its dealer network, Trimble’s acquisition of IRON Solutions and Lindsay’s latest earnings report.
Agrimoney.com reported on Jan. 8 that Cargill emerged as one of the winners of the U.S. bumper corn and soybean harvests, seeing its earnings soar 41%, as strong crop volumes boosted its grain handling operations, while low ag prices lifted processing margins.
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.