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| Scope | National, Consumer |
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| Language | English |
| Country | United States of America |
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| Frequency | Monthly |
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VDMA reported German tractor registrations down 19% YoY in January. German 100HP+ tractor registrations were down 20% YoY in January, and <100HP registrations were down 18% YoY. Meanwhile, in the UK, the Agricultural Engineers Association (AEA) reported 50HP+ tractor registrations down 3% YoY in January. AGCO expects Western Europe tractor industry unit retail sales down 0-5% in 2025. CNH expects EMEA industry volumes of tractors down 0-5% and combines up 0-5% in 2025.
AEM Reports 25% Drop in 100HP+ Tractor Sales, 80% Decline in Combines for January
According to the Association of Equipment Manufacturers (AEM), North American retail sales for agricultural equipment saw significant declines in January, particularly in larger tractor segments and combines. Click to enlarge Table 1: 100HP+ Unit Tractor Retail Sales Were Down 25% YoY in Jan’25 While Combine Retail Sales Were Down 80% YoY Credit: J.P. Morgan Global Research Center Sales of 100HP+ tractors were down 25% year-over-year (YoY), with 1,266 units sold.
Buhler Industries Signs Amalgamation Deal, Announces Going-Private Transaction With Asko Sinai
Buhler Industries Inc. is pleased to announce that it has executed a definitive Amalgamation Agreement (the "Amalgamation Agreement") with ASKO Sinai ve Teknoloji Üretim Sanayi Ticaret Anonim Şirketi ("ASKO") and a wholly-owned subsidiary of ASKO ("Newco") pursuant to which the Company would be taken private by way of an amalgamation (the "Amalgamation").
Art's Way Announces Fiscal 2024 Results, Led By Strong Year From Modular Building Segment And Improved Liquidity Despite Difficult AG Conditions
Art's-Way Manufacturing Co., Inc. (Nasdaq:ARTW) (the "Company"), a diversified, international manufacturer and distributor of equipment serving agricultural and research needs, announces its financial results for fiscal 2024. Agricultural Products: Our Agricultural Products segment's net sales for the 2024 fiscal year were $14,663,000 compared to $22,467,000 during the 2023 fiscal year, a decrease of $7,804,000, or 34.7%.
The USDA updated its global supply and demand estimates for 2024/25. Feb. 11, 2025. In the U.S., 2024/25 ending stocks are estimated at 1.540B bu of corn (vs. consensus 1.527B bu), 380MM bu of soybeans (vs. consensus 378MM bu), and 794MM bu of wheat (vs. consensus 799MM bu). U.S. 2024/25 stocks-to-use (STU) are now projected at 10.2% for corn (unchanged vs. prior, and 11.8% in 2023/24), 8.7% for soybeans (unchanged vs. prior, and 8.3% in 2023/24), and 39.6% for wheat (vs.
AGCO Announces Expansions in Jundiaí (SP) with a Focus on Sustainability and Workforce Development
AGCO Corporation, a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today announced the expansion of its operations in Jundiaí (SP) with the opening of two new facilities: the Reman Transmissions Center of Excellence and the new AGCO Academy headquarters.
Top 10 Ag Equipment Intelligence Stories in January 2025
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
Kennedy: MAHA Can’t Succeed Without ‘Partnership’ with Farmers
President Trump’s nominee to head the Department of Health and Human Services said Wednesday during his confirmation hearing that he isn’t the enemy of food producers. Robert F. Kennedy Jr., who has previously been openly critical of some chemicals used in crop production, did not back down from his concern about environmental toxins and removing them from the food, water and air.
Arithmetic on Large Dealer Groups’ Challenge on Interest
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Full-Year 2024 Tractor & Combine Sales — U.S. & Canada
U.S. equipment sales in 2024 were down in all categories, according to the latest AEM data. 4WD tractors had the smallest year-over-year decline at –4.5%, while combines had the largest decline at –24.3%, but still above the 5-year low of 5,066 in 2020. In Canada, 2024 4WD tractor sales were there only category to see positive growth at up 4.3% year-over-year and with 1,133 unites sold hit a 5-year high. In 2024, 40-100 horsepower tractors…