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Ag Equipment Intelligence

Ag Equipment Fundamentals Still Not Well Understood

May 14, 2012
Despite robust U.S. tractor sales in recent years, overall tractor sales remain far from their 2004 and 2005 peak. Nonetheless, in terms of dollars, ag equipment shipments remain strong and healthy.
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Forecast & Trends

Dealers Forecast 4% Sales Growth in 2012

April 30, 2012 | Posted in Data & Forecasts
Farm Equipment dealers expect their overall sales for the full year to rise 4%, according Ag Equipment Intelligences April survey of 170 dealers throughout North America. Combined, these dealers have annual revenues of roughly $6 billion.
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Ag Equipment Intelligence

AGCO Sees Net Sales Rise 25.6% in 1Q; NA Sales Up 57.6%

April 30, 2012 | Posted in Dealer Succession
This morning, AGCO Corp., the third largest farm equipment maker worldwide, reported first-quarter net sales of $2.3 billion, an increase of 26.5% compared to net sales of $1.8 billion for the first quarter of 2011. Excluding unfavorable currency translation impacts of 4.3%, net sales in the first quarter of 2012 increased by 30.8% compared to the same period in 2011.
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Forecast & Trends

Increases in Crop-Related Production Expenses Should Level Off in 2012

April 2, 2012 | Posted in Data & Forecasts
After rapid rises in costs since 2002, total farm production expenses are forecast to rise $12.5 billion (3.9%) this year. This increase is far less than the $35.7 billion (12.5%) growth projected in 2011. The growth in crop-related expenses (seeds, fertilizer, pesticides), livestock-related expenses (feed, livestock/poultry purchases), and fuel and oil expenses are all expected to slow following a decade of very rapid expansion, though recent rises in diesel expenses may change this outlook somewhat.
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Ag Equipment Intelligence

AGCO Upping Tractor Capacity; Looking to Sisu for More Engine Independence

March 4, 2012 | Posted in Manufacturer & Dealer Issues

Projects to increase AGCO Corp's tractor making capacity at existing facilities in North America and Europe are reportedly on track to start assembling products this year. And with the development of more powerful Sisu engineers, greater independence from outside power unit suppliers is clearly the goal of the company's latest engine developments.


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Farm Equipment Videos

Baltimore Port Closure to Impact High Horsepower Tractor Imports & Exports

Baltimore Port Closure to Impact High Horsepower Tractor Imports & Exports

In this episode of On the Record, brought to you by Weasler Engineering, we look at how the Port of Baltimore's closure will alter the flow of high horsepower tractors in and out of the country. In the Technology Corner, Noah Newman talks about some changes coming to drone operation regulations. Also in this episode, Kazakhstan's potential for the North American ag equipment industry and what 2024 holds for the sprayer market.

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Top Directory Listings

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.
MonTag

Montag Mfg

Montag is the industry’s innovative leader for precise, accurate metering of fertilizer, seed and other nutrients. The Montag system has become the standard for deep banding of fertilizer. Montag is also pioneering the technology for cover crop seed application. The new Cover Crop+ is able to meter the smallest seed, and can be mounted to tillage implements, combines, plus Hagie sprayers and detasselers.

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Finance Scope

Finance Scope is able to provide the best financing opportunities for equipment dealers and customers through a diverse mix of lending companies under one single platform. Our large group of lenders, allows for competitive rates regardless of credit scores. Additionally, dealers and customers have access to the industry’s best expertise surrounding finance and lease structures, for all purposes, within the agricultural and construction industries. We provide all of this into one online platform to provide our customers with the best available tailored finance solution for their equipment.
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