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Forecast & Trends

Despite Solid Fundamentals, Deere Lowers 2014 Outlook for 'Big' Ag Sales

May 26, 2014 | Posted in Data & Forecasts

Last week, Deere & Co. reported its second-quarter net sales and revenues were down by 9% to $9.9 billion and net sales and revenue, and net income fell to $981. Overall, worldwide equipment sales fell by 10% to $9.2 billion.

2012 a Tough Year for Ethanol; Perfect Storm Brewing for 2013

March 1, 2013 | Posted in Data & Forecasts

Both U.S. ethanol prices and production fell in 2012 compared with the previous year. And the chances are good that it won't get a whole lot easier for producers in the year ahead.

Forecast & Trends

Net Farm Income Expected to Exceed $122 Billion

September 3, 2012 | Posted in Data & Forecasts

In current dollars ” ignoring the effects of inflation,” U.S. net farm income is forecast to exceed $122 billion in 2012 and net cash income is expected to exceed $139 billion, both record nominal values.

Deere Opens Tractor Factory In Argentina

By Shane Romig posted on September 26, 2011 | Posted in Facilities

Farm machinery make Deere & Co. plans to open a tractor factory in Argentina, as the administration of President Cristina Kirchner seeks to reduce the country's dependence on imported manufactured goods.

CNH 1Q Revenues Rise 6% to $3.2 Billion

April 21, 2010 | Posted in Data & Forecasts, Manufacturer News

CNH, parent company of ag equipment makers Case IH and New Holland, reported 1Q equipment revenues rose 6% year-over-year — +2% in Ag & +27% in Construction to ~$3.2 billion.

AGCO Projects 2011 Demand for Ag Equipment as Flat to Up Slightly

July 23, 2009 | Posted in Data & Forecasts

Worldwide industry demand is expected to be flat or to increase modestly in 2011 compared to 2010 levels.

AGCO Reports Net Sales of $1.3 Billion, Down 13.3%

July 23, 2009 | Posted in Data & Forecasts

Source: Business Wire

AGCO Corp. reported net sales of approximately $1.3 billion for the first quarter of 2010, a decrease of approximately 13.3% compared to net sales of approximately $1.5 billion for the first quarter of 2009.

AGCO Partner TAFE Hits $1 Billion Sales Mark

July 23, 2009 | Posted in Manufacturer News

Indian tractor and farm equipment maker, TAFE, has passed the $1 billion mark in worldwide sales. AGCO Corp., the third largest farm equipment maker in the world, holds a 25% stake in TAFE.

CNH Global: Getting Ready for a Spin Off?

July 23, 2009 | Posted in Manufacturer News

Farm equipment manufacturer CNH Global has tapped the bond market for $1 billion to begin repaying its parent company Fiat a loan it took last year.

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