Data & Forecasts

worldwide-production.png
Forecast & Trends

2015 Global Ag Equipment Sales Forecast to Decline by 10%

Worldwide production and sales of farm machinery are expected to decline by 10% in 2015, according to the VDMA Agricultural Machinery Assn. based in Frankfurt, Germany.  After reaching an all-time sales high of $116 billion in 2013, sales of ag equipment fell slightly to about $114 billion last year.
Read More
Web Exclusive

A Historical Perspective: Benchmarking Seven Decades of Dealer Data

While Farm Equipment’s special report on dealers cost of doing business, which appeared in its June 2015 issue, covers the period of 1970 through 2014 in 5-year increments, the data actually goes all the way back to 1947. The following charts track four of farm equipment dealers’ financial measurements for the 11 year period between 1947-1957.
Read More

Cost of Doing Business: Why Ag Parts Sales Differ from Other Industries

While some farm equipment dealers have managed to attain 100%-plus parts and service absorption rates, the industry as a whole only achieves about a 62% rate, according to the 2014 Western Equipment Dealers Assn.’s Cost of Doing Business study. The industry’s benchmark for absorption is 80%-plus. At the same time, ag equipment dealers are often compared to construction equipment and other dealers who handle heavy equipment and typically achieve higher absorption rates.


Read More

Top Articles

Current Issue

View More

Must Read Free Eguides

Download these helpful knowledge building tools

View More
Top Directory Listings