John Deere Cashing in on Record Annual Profits
Despite a worker walkout that lasted more than a month, Deere and Company posted record annual income of nearly $6 billion.
Tag: farm equipment
Section 179 Agricultural Equipment Deductions See Limit Increase
Should you purchase additional equipment before the end of the year? Tax specialists say that each filer will have a different answer, but an increase in the deduction limit under Section 179 of the tax code could have you leaning towards a yes.
Tractor Sales Take First Negative Turn This Year
A slowdown in the sales of small utility tractors is pulling overall total farm tractor sales into negative territory for the first time in a year.
Producer Plans for Machinery Purchases Beginning to Weaken
According to the latest data from the Ag Economy Barometer, more producers say they expect to reduce their machinery purchases and construction plans in the upcoming year.
Farm Tractor Sales Strong While Combine Sales Stumble
New farm tractor unit sales continue double-digit growth rate in the United States, and inventories continue to fall after a strong month in April.
Equipment Manufacturers Expecting Sales to Increase in 2021
As the industry emerges from a full year under the COVID-19 cloud, a majority of equipment manufacturers report a positive outlook for 2021.
U.S. Tractor and Combine Sales Continue to Grow
Farm tractor sales in the U.S. are off to a good start according to the Association of Equipment Manufacturers.
Another Strong Month for New Farm Tractor Sales
Following a good year for new farm tractor and combine sales, January continued to experience the upward trend.
Despite Crazy Year, Farm Machinery Sales Experience Growth
While the majority of the American economy was struggling through a year marked by mandatory business closures due to COVID-19, 2020 appears to have been good for farm equipment manufacturers.
Farm Equipment Sales Increasing Quicker Than General Economy
Even though a good portion of the economy struggled in November, farm equipment sales continued to grow, according to the latest data from the Association of Equipment Manufacturers.
New Farm Equipment Sales Showing Signs of Improvement
Overall, farm tractor sales continued to grow across North America in October according to the latest data from the Association of Equipment Manufacturers.