Despite production and supply chain challenges, major farm equipment manufacturers are reporting better than expected earnings thanks to strong demand for tractors and combines. On Friday, Deere & Co. joined competitors CNH and AGCO in publishing quarterly financials this month that have exceeded analysts’ projections. Deere said net sales from equipment operations for the first… Read More
Both of CNH Industrial’s agriculture brands — Case IH and New Holland — have announced new partnerships with MacDon Industries that will see the Manitoba-based harvesting equipment manufacturer build co-branded draper headers for their respective combines. Case IH says the new line of draper headers for its Axial-Flow combines will be available to order from Case… Read More
Unit sales of both ag tractors and combines continue growth above an already-hot pace set in 2020, according to the latest data from the Association of Equipment Manufacturers (AEM). U.S. total farm tractor sales climbed 4.8 per cent in October compared to last year, while U.S. self-propelled combine sales jumped 72.9 per cent, the fourth… Read More
There’s a lot happening in the machinery sector lately. Big-ticket equipment sales driven by higher-than-usual commodity prices, and confidence that those prices are going to stay where they are for a while, are certainly factors. But, there’s also an issue in supply of units. In the second quarter of 2021, money that had been diverted… Read More
The Association of Equipment Manufacturers (AEM) has released its Ag Tractor and Combine reports for the U.S. and Canada for the month of July. In the U.S., total two-wheel drive tractor sales are up 13.5 per cent, year-to-date, while unit sales of four-wheel drive tractors are up 38.2 per cent. Self-propelled combine sales are up… Read More
Precision Planting, a subsidiary of AGCO, has entered into an agreement to acquire the business and assets of Headsight, Inc., a precision agriculture harvesting company. Since 1998, Headsight has designed and developed harvesting row guidance and height sensing technologies. Headsight’s flagship product is the family of header height sensors used in corn and grain harvesting…. Read More
North American tractor sales were down in June as new tractor inventories dwindled, according to the Association of Equipment Manufacturer’s (AEM) latest monthly report. After strong small tractor sales in 2020, the <40 horsepower category led the year-over-year decline in the U.S. and Canada, while sales of 100+ horsepower tractors were higher in both countries… Read More
Ontario farmers are well into wheat harvest now, though rain is holding things up, while the west eyes an approaching harvest few are looking forward to. As we shift to thinking about harvest, it also means it’s time to think about setting up for success for next year, and that starts at the combine. Joining… Read More
A slowdown in the sales of under-40 hp units pulls total U.S. total farm tractor sales negative, while all other segments and Canada continue strong growth, according to the latest data from the Association of Equipment Manufacturers (AEM). Total farm tractor sales in the U.S. fell 3.9 per cent in May compared to 2020, marking… Read More
John Deere is celebrating 75 years of manufacturing and selling combines with new updates for its 2022 model year S Series combines. Key updates include Automation Activation 4.0 with Generation 4 Machine Sync and AutoPath; new LED lighting packages — the same lights offered on the larger X Series combines; and a factory-installed, flat-tooth comb… Read More
April monthly tractor and combine sales were positive across all segments in Canada, according to the Association of Equipment Manufacturer’s (AEM) latest numbers. April monthly sales in the 4WD segment nearly doubled, up 93.3 percent to 201 units sold, while total farm tractor monthly sales were up 72.3 percent to 3,671 units sold. Self-propelled combines… Read More
John Deere’s newest combine received high praise from the innovation award judges at the 2021 Consumer Electronics Show last week. Normally held in Las Vegas in early January, this year’s version of CES was held virtually. The X Series combine received the top award — the “Best of Innovation” seal — in the robotics category,… Read More
The Association of Equipment Manufacturers’ (AEM) flash reports that come out every month are a handy way to see how equipment sales are trending in Canada and the U.S. “Equipment sales numbers are a pretty good indication, or tells a lot of things about the economy,” says Curt Blades, senior vice president, agricultural services with AEM…. Read More
The latest Agricultural Equipment Manufacturers numbers for November are in and tractors in the <40 hp range saw the biggest growth. Overall, tractor sales rose 4.4 per cent for the month and grew 9.1 per cent year-to-date (YTD). While 40 to 100 hp tractors sales stayed fairly flat for the month, YTD they grew 3.9… Read More
Claas of America has received a 2021 AE50 award from the American Society of Agricultural and Biological Engineers (ASABE) for its Lexion 6000 series straw walker combine. The annual AE50 Awards program celebrates and recognizes new products that feature the highest innovation, significant engineering advancement and impact on the market served. Entries for the AE50… Read More
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