Industry Insider

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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Ag Equipment Intelligence

U.S. Trails Canada in Farm Tractor Use

It may or may not come as a surprise to farm equipment industry observers, but the U.S. is not the biggest user of farm tractors on a per-capita basis. It's number two, trailing Canada as utilizing the highest number of farm tractors per 1,000 farmers.
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Forecast & Trends

Following a Strong 1Q, Deere Raises 2013 Outlook by 6%

The world's largest farm equipment maker, Deere & Co., reported last week that its first-quarter net income grew by 22% as the strong upward trend in ag machinery sales continued to demonstrate that ag fundamentals remain strong going into the 2013 planting season.
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Ag Equipment Intelligence

Case IH Aiming for Big Growth in Europe

Ambitious plans by Case IH managers in Europe to increase sales by 50% over the next three years are being supported in developing markets by one of North America's largest retail dealer groups.
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