Industry Insider

Forecast & Trends

Deere Expects Farm Crop Prices, Cash Receipts to Slip Further in 2016

When Deere & Co. announced its first-quarter 2016 earnings last Friday (Feb. 19), it reported that its worldwide equipment sales declined 15% compared to the same period of 2015. The company also said that it expects fiscal year 2016 sales to be down 10% year-over-year vs. down 7% in its previous forecast. For the U.S. and Canada, the company says it anticipates retail sales to be down 15-20%, with large ag retail sales down by as much as 25-30%.
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GMG Issues 2016 Tractor & Combine Outlook

Charlie Glass shares Glass Management Group's 2016 month-by-month forecast for tractors and combines. Look for updates throughout the year as Glass compares his forecast to actual data on a monthly basis and he compares OEM shipments to dealers vs. dealers' retail sales for each of the tractor categories and combines.
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RLD Revenue
From the Desk of Dave Kanicki

A Few Positive Notes for Year-End

As 2015 draws to a close, there’s a lot of pessimism, maybe resignation, in the air that we’re in for another tough year in 2016. During the last several times I was out and about visiting dealers or at industry events, if I was asked once, I was asked a dozen times, “You got any good news for us Dave?”
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