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Ag Equipment Intelligence

Midwest Farm Lending Up, But Not Much for Equipment

By Dave Kanicki posted on May 22, 2015 | Posted in Manufacturer News
Loan volumes for almost all farming purposes rose at commercial banks, as many producers contended with tighter profit margins, according to the April 2015 edition of the Agricultural Finance Databook from the Federal Reserve Bank of Kansas City. Agricultural lending continued to grow in the first quarter of 2015, but the smallest percentage of overall loans were for farm machinery and equipment, which showed little or no increase vs. a year ago.
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Forecasts & Trends

Deere Expects to Remain Profitable Despite Slumping Ag Sales

By Dave Kanicki posted on May 22, 2015 | Posted in Data & Forecasts
Despite a less-than rosy outlook for ag for the remainder of 2015, Deere & Co. expects to remain solidly profitable for the year. Its outlook calls for net income of $1.9 billion for fiscal 2015, up from its previous guidance of $1.8 billion. The company is projecting a continued recovery in its construction equipment business as well as “adept execution” of its operating plans.
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On the Record

Deere 2Q Equipment Sales Fall 20%

By Jaime Elftman and Kim Schmidt posted on May 22, 2015
In today’s newscast we look at John Deere’s second quarter and Cervus’ first quarter earnings reports, a significant merger between two specialty equipment dealerships, as well as several other “Dealers on the Move,” the impact of declining farmland values and, from the Technology Corner, recent strides in ISOBUS conformance testing.
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Ag Equipment Intelligence

Ag Equipment Carries the Load for CNHI

May 11, 2015 | Posted in Data & Forecasts
When CNH Industrial was formed last year to include Fiat's ag equipment, construction equipment, commercial vehicle and powertrain business segments, it was assumed that ag would carry the load when it comes to revenues, profits, etc. The full-year 2014 financial results reinforced CNH Industrial's reliance on its ag segment.
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Forecast & Trends

Dealers See Slight Pick Up in Sales

April 27, 2015 | Posted in Data & Forecasts
Dealers report that average sales were down 8% year-over-year in March, which is a 4% improvement over the previous month’s average sales decline, according to the April 2015 “Dealer Sentiments & Business Conditions Update.”
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A&I Products

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.

Yetter Farm Equipment

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.
Machinery Scope

Machinery Scope

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.
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