Data & Forecasts

Forecast & Trends

40% of Dealers Expect Improving Precision Revenues in 2016

The revenue stream from the sale of precision farming equipment is expected to be as good as, or better than, what dealers saw in 2015. According to Precision Farming Dealer’s 2016 Benchmark Study, dealers share a cautiously optimistic outlook for total precision farming revenue in 2016, with 88.9% of the total respondents predicting similar or improved results from the 2015 totals (10% up 8% or more, 40% up 2-7%, 38.9% little or no change from 2015 levels). 
Read More
Charlie Glass

May 2016 U.S. Tractor & Combine Sales Analysis

For the largest categories of tractors and for combines the general economy certainly has an indirect effect upon sales activity at the dealerships. Rising commodity prices, a boon for farmers, ranchers and dealers, is reflected in an increased grocery bill for the consumer and is often accompanied by a resistance to paying the higher price for premium items.
Read More
Ag Equipment Intelligence

Worldwide Farm Equipment Sales Remain Sluggish

With few exceptions, global tractor and combine sales show little sign of picking up in the near term. While USDA’s May 10 report offered some optimistic news on crop surpluses, especially for soybeans, it remains to be seen whether or not the uptick in crop prices will hold.
Read More
Kim Schmidt
From the Desk of Kim Schmidt

Who’s Ready for a Bit of Good News?

We regularly hear from dealers that $4 corn and $10 soybeans represent the psychological threshold for farmers. When corn goes over $4 and beans over $10, most farmer’s outlook improves markedly. Over the last month or so we’ve seen a nice increase in crop prices. I was on the road last week visiting dealers, and one of them mentioned he’s started to notice an improvement in farmer sentiment.
Read More

Top Articles

Current Issue

View More

Must Read Free Eguides

Download these helpful knowledge building tools

View More
Top Directory Listings