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A Slight Increase in Per Capita Turkey Consumption is Expected in 2012

November 21, 2012 | Posted in Data & Forecasts

Per capita consumption of turkey in the United States has declined since 2007-2009, reflecting the impacts of the sluggish domestic economy on demand, and of higher feed and energy costs on domestic production and prices. U.S. turkey production dropped 9 percent between 2008 and 2010, but has recovered gradually during 2011 and 2012. Wholesale turkey prices rose 12.8 percent in 2011, but a more modest 3.7 percent increase is forecast for 2012. With higher production and a more moderate price increase in the forecast for 2012, per capita turkey consumption is expected to rise to 16.3 pounds, up slightly from 16.1 pounds in 2011.


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From the Desk of Dave Kanicki

Positive Data in Deere's Report

November 21, 2012 | Posted in Data & Forecasts
Forecasting is often difficult even in the best of circumstances, but projecting what 2013 could look like is an even bigger headache than usual for most dealers. The best part of it is it still looks like it will be a pretty good year.
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Titan Machinery Expands Into Serbia

November 20, 2012
Source: Titan Machinery Inc.
Titan Machinery Inc. (NASDAQ:TITN) announced today that it has entered into a definitive agreement with VAIT D.o.o. to acquire a CaseIH dealership in the Vojvodina region of Serbia. The acquisition is expected to close on or around December 14, 2012.
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Data Conversion by HBS Systems

November 16, 2012
For more info: http://www.HBSSystems.com - Data conversion is the most important (and often under-valued) step in the process of changing dealership management systems. Your dealership is built upon that data and with HBS Systems, your dealership retains more of it. See why HBS Systems data conversion process is the most comprehensive, customized solution in the industry.
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Alamo Registers Slight Net Sales Rise for 3Q

November 14, 2012
Alamo Group Inc. (NYSE: ALG) today reported results for the third quarter ended September 30, 2012. Net sales for the third quarter were $156.1 million compared to net sales of $155.1 million for the same quarter of 2011, an increase of 1%. Net income for the quarter was $8.6 million, or $0.71 per diluted share, versus $10.1 million, or $0.84 per diluted share, for the third quarter of 2011, a decrease of 15%. The decline in net income was attributed to some softness across all three of the Company's business segments.
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