Data & Forecasts

Surging Farmland Prices Buoy Rural Mainstreet

Farm equipment index slips to very healthy 72

The Creighton University Rural Mainstreet Index (RMI) climbed in February and remained above growth neutral for the 15th straight month, according to the monthly survey of bank CEOs in rural areas of a 10-state region.


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2022 Begins with Mixed Economic Signals

Creighton finds exports up, continued supply delay fears

The Creighton University Mid-America Business Conditions Index — a leading economic indicator for a region encompassing Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma and South Dakota—fell in January, but remained above growth neutral for 20th straight month.


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Are We Headed Back to the 2014 Used Equipment Glut?

According to Iron Solutions’ Director of Data Services and Software Development Cameron Hurnard, things aren’t quite as grim as they were 8 years ago. However, some of the same issues that caused the 2014 used equipment glut need to be monitored now and in the future.
Many dealers remember how used equipment began to sit on lots in 2013-14, driven by rising commodity prices, low input costs and a notable increase in the supply of new equipment. This spelled trouble for the used market, with some equipment sitting for over a year before it moved.
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Cost of Doing Business

Dealers Report Strong Revenue, Gross Margins & Profits

The latest Cost of Doing Business study reported increased revenue and profit, as well as improving gross margins dollars on parts, service and wholegoods in 2020.

North American dealers reported strong financial results for 2020, according to the results of the latest Cost of Doing Business study from the Western Equipment Dealers Assn. On average per location, revenue, profit and gross margin dollars were all up.


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Used Equipment Remarketing Roadmaps

[Podcast] How Will the Current Used Equipment Market Impact the Fall?

In this episode, brought to you by Agrisolutions, hosts Casey Seymour and Aaron Fintel of Moving Iron LLC discuss the used planter market and how quiet it was at the end of 2021 and what it has looked like the first few weeks of 2022 and what they are expecting to see this fall.

In this episode, brought to you by Agrisolutions, hosts Casey Seymour and Aaron Fintel of Moving Iron LLC discuss the used planter market and how quiet it was at the end of 2021 and what it has looked like the first few weeks of 2022 and what they are expecting to see this fall. They also touch on the used combine market and what we can expect to see in that segment this year.


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AEM Reports 2021 Successful for Farm Equipment Sales

351,630 tractors and 8,058 combines sold in U.S., Canada

Nearly 360,000 tractors and combines left dealer lots in 2021 in North America, reported the Association of Equipment Manufacturers (AEM) over the weekend. United States and Canadian unit sales of ag tractors and combines finished 2021 with gains over 10% in nearly every segment in both countries.


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