Articles tagged under: farm equipment
Case IH Announces New Planter and Air Drill
Published February 3, 2022
Case IH has added the 2150S Early Riser model to its planter portfolio. This model has an optional 525-gallon liquid fertilizer tank and more seed capacity. It has a front-fold frame design for simple transportation. In addition, Case IH has…New Product Concept Unveiled at Precision Planting Conference
Published January 20, 2022
At its annual winter conference, Precision Planting announced its first move into sprayer technology. "Growers have allowed us to be with them from planting to harvest to strip tillage and even air seeders," said Matt Grove, regional manager, Precision Planting.…Equipment Sales Remain Strong for Titan Machinery
Published November 23, 2021
Titan Machinery is reporting third quarter net income of $21.8 million, that's based on revenues of $454 million for the quarter that ended October 31. Year-over-year third quarter equipment sales were up 37 percent to $329.8 million. Titan Machinery Chairman…Demand For Used Farm Equipment Strengthens
Published August 23, 2021
The price of good used farm equipment continues to skyrocket. Greg Peterson, known as Machinery Pete, says the used machinery market is hot. "The good condition, used equipment market is the hottest I've ever seen it. Historically, mid-to-late summer is…Ag Equipment Industry Outlook Highlighted at Commodity Classic
Published March 4, 2021
The major ag equipment brands were represented in a virtual roundtable discussion at Commodity Classic. AGCO Vice President Bill Hurley addressed the customer’s 'right to repair.' Hurley said the issue is complicated by emissions and safety standards. "If something is…Increase in Q3 Sales for AGCO
Published November 7, 2020
AGCO, a farm machinery manufacturer, is reporting an 18.4 percent increase in its third quarter net sales over one year ago at $2.5 billion. Net income for the quarter is $158.1 million. AGCO Chairman and CEO Martin Richenhagen says AGCO’s…AGCO Reports Lower Q2 Net Income
Published August 2, 2020
AGCO is reporting second quarter net income of $60 million on gross sales of more than $2 billion. That’s down 42 percent from one year ago. Net income for the six months ending June 30 is reported at $126.3 million…Lower Q1 Net Global Sales For AGCO
Published May 6, 2020
AGCO is reporting fiscal year first quarter net income of $66.3 million. AGCO’s net global sales are $1.9 billion, down about 3.4 percent from the first quarter last year. According to AGCO Chairman, President and Chief Operating Officer Martin Richenhagen,…Prices Steady for Used Farm Machinery
Published January 3, 2020
The price of late model used machinery continue to remain firm at farm auctions. Machinery Pete owner Greg Peterson says while the number of auctions is increasing, the number of retirement auctions exceeds forced sales. "Despite the difficult times, farmers…