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Cervus Equipment Posts 25.6% Revenue Gain in 3Q

July 23, 2009 | Posted in Data & Forecasts
Cervus Equipment Corp. (CVL), one of John Deeres largest ag equipment retailers in Western Canada, late yesterday reported its third-quarter 2012 revenue grew by $47.8 million or 25.6% to $234.7 million when compared to the same quarter of 2011. Same store sales increased $17.6 million or 9.4%.
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U.S. Ag Equipment Exports Rise 29% at Midyear to $7.2 billion

July 23, 2009 | Posted in Data & Forecasts
Exports of American-made agricultural machinery increased 29 percent to total $7.2 billion for the first half of 2012 compared to January-June 2011, according to the Association of Equipment Manufacturers (AEM). The off-road equipment manufacturing trade group consolidates U.S. Commerce Dept. data with other sources into member global trend reports.
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Less Than One-Quarter of U.S. Corn Rated Good or Excellent

July 23, 2009 | Posted in Data & Forecasts
While rains through much of the major grain-producing regions of the U.S. were a welcome sight, they only slowed the continuing deterioration of crops, especially corn. For the ninth consecutive week, USDA reported that the condition of the U.S. corn crop is worsened compared to the previous week and a year ago.
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CNH's 2Q Net Sales Top $5 Billion

July 23, 2009 | Posted in Data & Forecasts
Source: CNH Global
CNH Global N.V. (NYSE: CNH) today announced financial results for the quarter ended June 30, 2012. For the quarter, net sales increased 3% (9% constant currency basis) to $5 billion as firm global demand for agricultural equipment, on the back of favorable agricultural commodity prices, compensated for a more mixed trading environment in the construction equipment sector.
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