As of February 9, 2016, U.S. net farm income is forecast to fall to $54.8 billion in 2016 after recently peaking in 2013, due largely to declines in commodity prices.
Diversity in its product range and in the markets it serves proved beneficial to Kubota Corp. last year as buoyant sales of compact tractors to homeowners in North America offset a decline in mid-size tractor sales.
In Europe, the ag sector ended the year with "new-found dynamics," but Michel Denis, president and CEO, says his outlook for 2016 is tempered by less positive signals from North America.
Krone will relocate its North American corporate headquarters from Memphis, Tenn., to Shelbyville, Ind. The move is part of a comprehensive strategic plan by Krone to grow its business in North America.
The decline reflects the fall in gasoline consumption in the United States, infrastructural and other constraints on growth for E15 and the small size of the market for E85, with less-than-offsetting increases in U.S. ethanol exports.
The Western Equipment Dealers Assn. announced Derek Stimson is its 2015 Canadian Dealer of the Year and says, "To this day, Stimson is seen as a role model for the hundreds of employees in his expanding Case IH dealership network."
Van Wall Equipment and Schenkelberg Implement announced they have finalized an agreement for the John Deere locations in Carroll, Denison, Onawa, and Sac City, Iowa, to come together with the rest of the Van Wall organization.
Maryville Outdoor of Maryville, Mo., earned Country Clipper's Top Dealer Award for North America in 2015. This marks an unprecedented 4th year in a row Maryville Outdoor has earned this honor.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at Compeer Financial and PepsiCo’s pilot program to help lower the cost of strip-till equipment for farmers.
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.