Data & Forecasts

No-Tillers Saw Solid Profits & Yields in 2012

The results from an annual survey of U.S. no-till farmers reveal that, despite the drought and rising input costs, 2012 produced solid results, both in terms of profitability and crop yields. As a result, no- till farmers expect to slightly increase equipment purchases in 2013.
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AGCO's 1Q Net Sales Rise 5.7%

AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, reported net sales of approximately $2.4 billion for the first quarter of 2013, an increase of approximately 5.7% compared to net sales of $2.3 billion for the first quarter of 2012. Net income for the first quarter of 2013 was $1.19 per share.
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CNH Reports Net Sales Up 1% in 1Q

CNH Global N.V. (NYSE: CNH) today announced financial results for the quarter ended March 31, 2013. Net sales for the quarter increased 1% (3% on a constant currency basis) to $4.7 billion. Equipment Operations posted an operating profit of $443 million or 9.4% of net sales for the quarter, as increased volumes and positive net pricing in the agricultural segment compensated for the reduction in volume in the construction segment, higher selling general and administrative expenditures and research and development expense.
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Ag Equipment Intelligence

U.S. Trails Canada in Farm Tractor Use

It may or may not come as a surprise to farm equipment industry observers, but the U.S. is not the biggest user of farm tractors on a per-capita basis. It's number two, trailing Canada as utilizing the highest number of farm tractors per 1,000 farmers.
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