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Ag Equipment Intelligence

Borrowing for Rising Production Costs Could Limit Farmers' Equipment Spending

If 2013 farm production costs rise at the rates seen last year, U.S. farmers will need to take on more debt, which could curb spending on farm equipment in 2014. The Federal Reserve Bank of Kansas City reported in its July Agricultural Finance Databook newsletter that rising production costs prompted some agricultural producers to take on more debt.
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Forecast & Trends

Will 'Company Stores' Make a Comeback with Shortline Equipment Makers?

With the majors adding to their product lines and pressuring their dealers to remain "pure" in the equipment they carry, it's becoming increasingly more difficult for shortliners to find the right dealers in the right markets, Rusty Fowler, the retiring president and CEO of Krone North America, told Ag Equipment Intelligence.
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Ag Equipment Intelligence

Farm Equipment Sales Continue to Boom

Tomorrow the Assn. of Equipment Manufacturers will release June farm equipment sales figures, and if the current trends hold, they should be hefty as North American sales of large ag equipment continued to skyrocket through the first 5 months of 2013.
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Forecast & Trends

Dealers' Outlook Remains Strong for 2013

North American farm equipment dealers are maintaining a strong positive outlook for the remainder of this year, according to the latest Dealer Sentiments & Business Conditions Update survey. Overall, the dealers' 2013 industry outlook improved to 5% in April, up from 3% forecast in the previous month.
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Ag Equipment Intelligence

Falling Land Values Could Signal Ag's Boom is Slowing

Dealers looking for indicators of when the current boom in farm equipment sales may be softening should look at any signs that the value of farmland may be weakening. In terms of both accumulated cash and high levels of asset values, the current wealth of U.S. farmers may be unprecedented. This is showing up, not only in their high levels of purchasing capital equipment, but also in their acquisition of farmland.
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2026 Dealership of the Year, Messick’s Equipment, Mount Joy, Pa.

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