Can U.S. farmers be profitable in 2016? The answer to that question could have a major impact on equipment sales to farmers and ranchers this year. As commodity prices continue to rise, it does appear that the fall harvest could generate a livable income for most farmers.
“They’re planting fence to fence!” This cry could be heard as it echoed down the halls of the USDA when the National Agricultural Statistic Service (NASS) released their planting intentions report on March 31.
Under 40 horsepower tractors once again had significant shipments from the manufacturer to dealerships, but field inventory levels continue to climb in February 2016.
The Assn. of Equipment Manufacturers reported tractors under 40 HP experienced a significant increase in January shipments as compared to the January 2015 number, but retail sales dropped from 4,129 last January to 1,550 last month.
Charlie Glass shares Glass Management Group's 2016 month-by-month forecast for tractors and combines. Look for updates throughout the year as Glass compares his forecast to actual data on a monthly basis and he compares OEM shipments to dealers vs. dealers' retail sales for each of the tractor categories and combines.
Since posting the GMG 2016 Outlook for Tractor and Combines, we've received several questions about its 2015 Outlook vs. Actual Results. Charlie Glass shared them with us.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take a look at how the flooding in Texas will impact the ag industry and check in with some dealers in the region.
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.
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.
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.