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Ag Equipment Intelligence

Ag Equipment Fundamentals Still Not Well Understood

Despite robust U.S. tractor sales in recent years, overall tractor sales remain far from their 2004 and 2005 peak. Nonetheless, in terms of dollars, ag equipment shipments remain strong and healthy.
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Forecast & Trends

Dealers Forecast 4% Sales Growth in 2012

Farm Equipment dealers expect their overall sales for the full year to rise 4%, according Ag Equipment Intelligences April survey of 170 dealers throughout North America. Combined, these dealers have annual revenues of roughly $6 billion.
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Ag Equipment Intelligence

AGCO Sees Net Sales Rise 25.6% in 1Q; NA Sales Up 57.6%

This morning, AGCO Corp., the third largest farm equipment maker worldwide, reported first-quarter net sales of $2.3 billion, an increase of 26.5% compared to net sales of $1.8 billion for the first quarter of 2011. Excluding unfavorable currency translation impacts of 4.3%, net sales in the first quarter of 2012 increased by 30.8% compared to the same period in 2011.
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Forecast & Trends

Increases in Crop-Related Production Expenses Should Level Off in 2012

After rapid rises in costs since 2002, total farm production expenses are forecast to rise $12.5 billion (3.9%) this year. This increase is far less than the $35.7 billion (12.5%) growth projected in 2011. The growth in crop-related expenses (seeds, fertilizer, pesticides), livestock-related expenses (feed, livestock/poultry purchases), and fuel and oil expenses are all expected to slow following a decade of very rapid expansion, though recent rises in diesel expenses may change this outlook somewhat.
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Ag Equipment Intelligence

AGCO Upping Tractor Capacity; Looking to Sisu for More Engine Independence

Projects to increase AGCO Corp's tractor making capacity at existing facilities in North America and Europe are reportedly on track to start assembling products this year. And with the development of more powerful Sisu engineers, greater independence from outside power unit suppliers is clearly the goal of the company's latest engine developments.


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Farm Equipment's Dealership Minds: Vanderloop Equipment, Profile of a Successful Dealership

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