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Farm Equipment Leasing Doubles
Farm Equipment Leasing Doubles
A new report shows the leasing of farm equipment has nearly doubled since 2012.  The Wall Street Journal reports Deere & Co. is spending billions of dollars each year on its own equipment for leasing programs.  Records show that more than one-third of financed purchases of high horsepower machinery made by John Deere is being leased to farmers and construction builders.  Roughly 90%... Read Mo
U.S. Farm Equipment Sales Rises in September
U.S. Farm Equipment Sales Rises in September
The Association of Equipment Manufacturer’s monthly “Flash Report” said U.S. sales of all tractors in September were up 2% compared to the same time frame in 2017.  For the first nine months in 2018, a total of 181,515 tractors were sold, which compares to 168,651 sold through the first nine months of 2017.  That represents an 8% inc...

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