Data & Forecasts

Midyear U.S. Agricultural Equipment Exports Up 4 Percent Compared to 2009

Exports of U.S. agricultural equipment have increased each quarter of 2010, with midyear shipments totaling $4.9 billion, a gain of 4 percent compared to January-June 2009, according to the Association of Equipment Manufacturers (AEM). The AEM off-road equipment manufacturing trade group consolidates U.S. Commerce Dept. data with other sources into global trend reports for members.
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Ag Equipment Intelligence

Ethanol Producer Needs E15 to Produce Profits

Through April, the ethanol industry produced about 11.7 billion gallons per year on an annualized basis, slightly below the 12 billion gallons required by the Renewable Fuel Standard for 2010 — however, demand is running below production at an annualized rate of 11.5 billion gallons per year in April.
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Ag Equipment Intelligence

CNH Improves 2Q Net Profit, But Flattens Forecast

On July 21, CNH Global, parent company of Case IH, Case Construction and New Holland Agriculture and Construction, reported net profit of $144 million, or 60 cents a share, compared with a loss of $67 million, or 28 cents a share, in the second quarter of 2009.
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