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Forecast & Trends

Despite Revenue Gain, Ag Headwinds Pressure Titan Machinery's Bottom Line

June 23, 2014 | Posted in Operations & Finance
Titan Machinery followed through on its April 10 announcement that it would close and/or consolidate 8 of its stores and reduce its overall headcount to improve the performance of its construction equipment operations and counteract the slowdown in ag machinery sales. This allowed the company to report that it increased its overall revenues by 5.4% during the first quarter of fiscal year 2015.
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AGCO Names New Vice Presidents

June 16, 2014 | Posted in Manufacturer News
According to Agri Marketing magazine, AGCO Alistair McLelland has been named vice president, marketing, North America reporting to Bob Crain, senior vice president & general manager, North America.
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Ag Equipment Intelligence

Kuhn Group's Operating Profit Margin Increased 14.9% in 2013

May 12, 2014
Source: Ag Equipment Intelligence, April 2014
Fueled in part by its growing North American sales, the Kuhn Group reported that, while its net sales in 2013 grew by 5% vs. the previous year, its profits rose by nearly 25% and profit margins increased by 2.5%.
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Forecast & Trends

Large Equipment Sales Decline in March

April 13, 2014 | Posted in Data & Forecasts
North American large ag equipment retail sales fell in March, with 4WD tractor sales down 6.4% year-over-year, combine sales down 23.9% and row-crop tractor sales down 9.5%, according to the latest figures released by the Assn. of Equipment Manufacturers.
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Forecast & Trends

Dealer Optimism for 2014 Continues to Wane

February 3, 2014 | Posted in Data & Forecasts
In January, USDA once again lowered its 2013-14 outlook for farm cash receipts. The ag agency is now expecting cash receipts to decline by 14% in the year ahead. This is down from a 13% drop USDA projected in December.
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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.
Machinery Scope

Machinery Scope

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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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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