It’s difficult finding anything positive coming out of the COVID-19 pandemic, but it appears the stay-at-home/work-from-home directives are pumping up the sales of small farm machinery.
January 2019 saw increases in U.S. sales of self-propelled combines and 4WlD tractors as well as total U.S. 2WD tractor sales compared to January last year, according to the latest data from the Assn. of Equipment Manufacturers (AEM).
CNH Industrial showed a strong year-over-year sales gain in 2018. The company reported consolidated revenues of $29.7 billion for the full year, up 7% compared to 2017. Net sales of Industrial Activities were $27.8 billion for the year, up 8% vs. 2017.
CNH Industrial N.V. today announced consolidated revenues of $8,045 million for the second quarter of 2018, up 15% compared to the second quarter of 2017.
Net income was $313 million for the full year 2017 and includes a non-cash pre- and after- tax charge of $92 million due to the deconsolidation of CNH Industrial’s Venezuelan operations effective Dec. 31, 2017
According to USDA’s Economic Research Service and National Agricultural Statistics Service, as the emphasis on the environment takes shape, in all likelihood, farmers will consider altering field practices to adapt, especially if they see economic benefit.
John Deere Seeding is indefinitely laying off 160 employees in Moline, Ill., who had already been temporarily laid off for an inventory adjustment shutdown.
In this episode we look at the potential impact Hurricanes Helene and Milton will have on ag production as well as the dealers and manufacturers in the impacted region.
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.
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