Tag: AEM

PMRA scientists spend a day in the field

Nearly 50 scientists and regulators with Health Canada’s Pest Management Regulatory Agency (PMRA) hopped on a pair of buses a few weeks ago and spent a day in the field 45 minutes from Ottawa learning about how the crop protection products they regulate are used by farmers. The first-ever PMRA field day, held on a farm… Read more »

Canadian tractor and combine sales rebound

The Association of Equipment Manufactures (AEM) has released its flash report for July, and things are looking up when it comes to the sale of new farm equipment. If we look back to this spring, deliveries of new 4-wheel drive (4WD) tractors and combines in Canada were down around 7 and 5 percent through April…. Read more »

Canadian combine sales down 9 percent as of the end of May

New farm equipment sales in U.S. are higher than in 2017, while Canadian agricultural machinery sales are mixed relative to last year, according to the Association of Equipment Manufacturers‘ latest data. The Canadian numbers for May show slight year-to-date increases over 2017 for tractors. The below table shows total 2WD tractors are up 3.2% year-to-date… Read more »

Canadian equipment sales lower in first four months of 2018

There was an expectation that U.S. sales of farm machinery would improve in 2018 but not necessarily that Canadian sales would be weaker. Yet, according to the Association of Equipment Manufacturers’ (AEM) flash report for April, Canadian sales of tractors and combines have been weaker this year than last. Note: the numbers are based on… Read more »

AEM expects machinery sales to rebound in 2018

With commodity prices staying low and farmers facing higher interest rates for the foreseeable future, there is reason to be cautious about equipment sales moving forward, especially after 2017’s mixed bag of results between Canada and the U.S. Some manufacturers, though, do see light at the end of the tunnel. At play in the optimism,… Read more »

Whoa, there: Speedy tractors, signage, and brake requirements

Here’s a fun debate topic: if your tractor is capable of traveling at over 40 km/h, is it still a slow moving vehicle (SMV)? It sure isn’t, and if you’re traveling above 40 km/h and displaying a SMV sign, you’re actually breaking the law. Last month at FarmSmart, RealAgriculture’s own Peter Johnson was on-hand for… Read more »

New tractor sales running 16 percent ahead of last year

New tractor sales numbers in Canada continue to exceed last year’s levels, and sales activity in the U.S. The Association of Equipment Manufacturers has released its September flash report on new tractor and combine sales in Canada and the United States. In Canada, four-wheel-drive tractor sales were up almost 80 percent from September of last year,… Read more »

AEM data shows Canadian new tractor sales up 18.1% in 2017

Every month the Association of Equipment Manufacturers (AEM) releases a flash report on new tractor and combine sales in Canada and the United States. Data released this week represents sales up until the end of August 2017. The Canadian market is showing superior strength in comparison to the U.S.. Below are the Canadian numbers, which… Read more »

43% of equipment dealers believe their new equipment inventory is too high

Whether you are running a retail dress shop, bakery or a Best Buy, managing your inventory is critical to achieving financial success.  Having adequate working capital provides flexibility and prevents having all of financial freedom ties up in inventory. These financial realities are very true for machinery dealers as the carrying costs of the inventory… Read more »

Canadian Tractor Sales Still Slumping: AEM

Challenging times in the machinery market continue, as tractor sales in Canada slump. According to the Association of Equipment Manufacturers’ April data, year-to-date tractor sales in Canada are down 18.6 percent from last year. 4-wheel-drive sales are down 22.1 percent, while 2-wheel-drive sales are down 18.4 percent. Combine sales in Canada are bucking the trend,… Read more »

Small Tractor Sales Up, but Combine and 4WD Sales Still Way Behind Last Year

Overall farm tractor sales for the month of April in both Canada and the U.S. were up slightly over last year, but combine and 4-wheel-drive tractor purchases remain well off the 2014 sales pace. According to the Association of Equipment Manufacturers’ monthly report, total Canadian farm tractor sales in April 2015 were 3.5 percent higher than in April 2014…. Read more »

AEM and Deere & Co. Confirm Global Machinery Sales are a Concern for the Rest of 2014

Whether it’s the drop in commodity prices or the pace at which machinery sheds have been restocked in the past three years, global machinery sales have slowed considerably. On Deere & Co earnings call this week the company stated, For fiscal 2014, the company expects sales to decrease 6%, and to be down ~8% for… Read more »

April is a Weak Month for Farm Machinery Sales in the US and Canada

It seemed that in 2013 nothing could prevent machinery sales in Canada and the United States from being strong.  The Association of Equipment Manufacturers have released its April 2014 Flash Report for retail Sales of farm machinery.  The results year to date are not pretty in Canada while in the US farm machinery retailers are… Read more »

April AEM Flash Report Shows Combines Continue to Sell at a Strong Pace in US and Canada

According to the latest Association of Equipment Manufacturers (AEM) flash report, in both the United States and Canada, self propelled combine sales are very strong. Both the year to date and month to month numbers are on a torrid pace for the year. In the United States combine sales were up 58.6% in April 2013… Read more »

First Quarter US Tractor Sales Indicates It’s a Great Time to Be in the Tractor Business

Higher commodity prices continue to benefit the financial returns of the agri-business industry. When farmers have strong free cash flow, input and machinery dealers have always benefited. Like any other industry, when farmers have no money the spending clamp gets put on pretty tight. You don’t have to look any further than the tractor sales… Read more »