Industry News

CNH 1Q 2011 Revenue Increases 17%; Operating Profit up 71%

Net Sales increase 17% to $3.8 billion • Agricultural equipment +17% to $3 billion • Construction equipment +19% to $700 million – Equipment Operations Operating Profit of $246 million, an increase of 71% •Operating Margin increased to 6.5% compared to 4.4% in Q1 2010 – EPS before exceptional items at $0.57 per share, compared to $0.16 per share in 2010
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Corn Plantings Behind Last Year’s Pace

Yesterday, USDA released its weekly crop progress report for corn, winter wheat and spring wheat. For the 18 states that planted 92% of last year’s corn acreage, approximately 7% of the crop is planted, which is behind last year’s 16% on this date.
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Farm Equipment's Dealership Minds: Vanderloop Equipment, Profile of a Successful Dealership

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