Industry News

CNHI Reports 4Q19 Revenues Down 6%

CNH Industrial N.V. has reported fourth quarter and full year 2019 results for the period ended Dec. 31, 2019, stating that in the fourth quarter of 2019, consolidated revenues were $7.7 billion, down 6% compared to the fourth quarter of 2018. Consolidated revenues were $28.1 billion for the full year 2019, down 6% compared to 2018.
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AGCO Reports Net Sales Down 3% in 4Q19

AGCO, a manufacturer and distributor of agricultural equipment and solutions, reported net sales of approximately $2.5 billion for the fourth quarter of 2019, a decrease of approximately 3% compared to the fourth quarter of 2018.
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Used Equipment Remarketing Roadmaps

[Podcast] Are Farmers Really Looking for Old Equipment?

In this episode, host Casey Seymour of Moving Iron LLC and 21st Century Equipment and Aaron Fintel, remarketing specialist with 21st Century talk about the busy start they’ve seen to 2020 and the market for 1-3 year old used tractors.
In this episode, host Casey Seymour of Moving Iron LLC and 21st Century Equipment and Aaron Fintel, remarketing specialist with 21st Century talk about the busy start they’ve seen to 2020 and the market for 1-3 year old used tractors.
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USDA Issues Third Tranche of 2019 MFP Payments

At the direction of President Donald J. Trump, U.S. Secretary of Agriculture Sonny Perdue has announced the third and final tranche of 2019 Market Facilitation Program (MFP) payments aimed at assisting farmers suffering from damage due to unjustified trade retaliation by foreign nations. The payments will begin to show up in farmers’ bank accounts by the end of this week.
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