Industry News

Farm Equipment Makers, Dealers Slowing Orders

Supply chain, inflation causing agriculture to adjust

Howard Dahl stopped taking farm equipment orders as a shortage of parts and labor and escalating inflation threatened profits for his Fargo, N.D.-based firm Amity Technology. He did so even as high crop prices suggested strong demand for the sugarbeet and silage machinery his company makes ahead of spring planting season.


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Titan Machinery Reports FY22 Revenue Up 21%

Revenue for the fiscal year 2022 increased 21.3% to $1.7 billion for fiscal 2022. Net income for fiscal 2022 was $66 million, or $2.92 per diluted share, compared to $19.4 million, or $0.86 per diluted share, for the prior year.
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