equipment sales

The January 2025 Rural Mainstreet Index fell below growth neutral for the 16th time in the past 17 months.   For the eighth time in the past nine months, farmland prices took a tumble.  On average, bank CEOs who responded to the monthly survey expect annual cash rents of $278 per acre of non-irrigated, non-pasture farmland.  Farm equipme...

Rural bankers say they anticipate a U.S. recession, according to the latest Creighton University Rural Mainstreet Index.  The region's overall reading for June slumped to 49.8, its lowest level since September 2020, and down from May's 57.7.  The i...

Deere & Company is raising equipment prices in order to protect profits as costs rise. The farm and construction machinery manufacturer says profits were up 50% and equipment sales were up 34% annually in its latest quarter. However, a Dow Jones report says those numbers disappointed analysts. ...

The latest monthly tractor and combine sales report from the Association of Equipment Manufacturers shows increased combine sales.  U.S. retail sales of combines jumped almost 59% last month, compared to April of 2017.  However, total tractor sales in the U.S. rose less than 1...

Improving farm and construction equipment markets contributed to higher fourth quarter sales and income numbers for John Deere.  The company’s performance benefitted from advanced products and a flexible cost structure.  John Deere’s 2018 income forecast calls for a net income of $2.8 billion.  Net income for Deer...

New surveys by the Association of Equipment Manufacturers and the Equipment Dealers Association show modest satisfaction with NAFTA , but a suggestion that there is room for improvement.  Survey results revealed that 36% of equipment dealers and 59% of manufacturers are largely satisfied with the existing terms of NAFTA, but that some small changes were needed.  ...