Data & Forecasts

Forecast & Trends

Dealers' Outlook Remains Strong for 2013

North American farm equipment dealers are maintaining a strong positive outlook for the remainder of this year, according to the latest Dealer Sentiments & Business Conditions Update survey. Overall, the dealers' 2013 industry outlook improved to 5% in April, up from 3% forecast in the previous month.
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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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George Russell

[Webinar] Farm Equipment Industry Drivers of Change

Consolidation. Globalization. Technology. New Business Models. Specialization. If these challenges have robbed you of sleep over the past 10 months, you're not alone. The farm equipment industry is evolving at a faster rate than ever before. However, by taking part in the first Farm Equipment webinar event, titled Farm Equipment Industry Drivers of Change, you can put your operation in a better position for future success.
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Titan Machinery Warns of Missed Revenue Targets in F1Q14

In an early look at its first quarter of fiscal 2014 earnings, Titan Machinery advised investors that it would fall short of its revenue estimates for the period. The company said the first-quarter miss was primarily a timing issue. The company will issue its full earnings report on June 6.
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From the Desk of Dave Kanicki

You Win Some and You Lose Some

First, in its World Agricultural Supply and Demand Estimates (WASDE) report, USDA lowered its price estimates on corn, soybeans and wheat for the 2013 crop, a bearish signal for the industry. Later in the day, the Assn. of Equipment Manufacturers reported that U.S. and Canada tractor and combine sales were up pretty much across the board in March.
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