Final results from Farm Equipment's 2015 Dealer Business Outlook & Trends survey indicates that equipment early orders are down compared to what North American farm equipment dealers have seen over the past few years.
If falling grain prices weren't enough for U.S. agriculture to contend with, a strong dollar could further stunt any hope for growth in the year ahead for American farmers and equipment manufacturers.
Of course, it’s still up in the air, but it shouldn’t come as a total surprise if ag equipment sales pick up in December. First, while the cash crop segment of the industry undergoes a market “correction” in a downward correction, the livestock and forage segment is heading in a very positive direction.
Depending on the country and size of the equipment, global sales of farm machinery through much of the first half of the year are best characterized as uneven.
The results of Ag Equipment Intelligence's latest dealer survey show that North American farm equipment dealers continue to see a softening in ag equipment sales.
According to the latest UBS Investment Research dealer survey, Case IH and New Holland are offering their dealers “more generous” incentives than they were 6 months ago.
With new factories and OEM supply contracts underpinning its growth, South Korea's LS Mtron continues to make waves in the compact and utility tractor market.
In addition to significantly increasing crop yields, a new report from USDA suggests that intensifying land use could be another way to meet the rapidly expanding demand for ag commodities.
Source: Dealer Sentiments & Business Conditions Update, July 2014
Results of the July 2014 "Dealer Sentiments & Business Conditions Update" survey showed that overall industry sales slipped by 4% year-over-year in June.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at President Trump's tariff reduction on ag equipment, the latest dealer sales forecasts, and how high input costs are keeping farmer sentiment down.
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