AGCO, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, reported net sales of $2.1 billion for the third quarter of 2011, an increase of 26.7% compared to net sales of $1.7 billion for the third quarter of 2010.
This morning, USDA National Agricultural Statistics Service (NASS) released its small grain summary for 2011, which showed that all wheat production fell by 9% compared to the 2010 harvest.
AGCO Corp. (AGCO), the world's third-largest maker of agricultural equipment, said North American demand hasn't peaked and may rise in 2012 because of higher commodity prices and a recovery in the dairy industry.
U.S. exports of agricultural machinery continued to grow in 2011 and ended the first half of the year with a gain of 15%, according to the Assn. of Equipment Manufacturers (AEM).
Yesterday, USDA reported 60% of the corn crop is in "good"? or "excellent"? condition. This matches last week's 60%, but remains below last year's 69%.
The U.S. Department of Transportation's Federal Motor Carrier Safety Administration (FMCSA) announced today that it has no intention to propose new regulations governing the transport of agricultural products.
Earlier today, USDA reported 60% of the corn crop is in "good" or "excellent" condition, which is below last week's 62% and last year's 71%. Condition of the soybean crop edged up to 61% "good"? or "excellent"? vs. last week's 60%, but remains below last year's 66%.
World demand for agricultural equipment is forecast to rise 4.5% per year through 2014 to $123 billion, according to a new report from Freedonia released this week.
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.