Articles tagged under: farm equipment

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…
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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…
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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,…
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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…
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Steady Q3 Income for Titan Machinery

Published November 27, 2019

Fargo-based Titan Machinery is reporting fiscal year 2020 third quarter gross income of $360.9 million, unchanged from one year ago. The gross profit for the third quarter is reported $71.8 million, an increase from $69.5 million one year earlier. Titan…
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ND Farm Equipment Law in the Courts

Published August 5, 2019

The Eighth Circuit Court of Appeals has upheld a lower court decision, preventing the enforcement of a 2017 North Dakota law supported by the North Dakota Implement Dealers Association. The Association of Equipment Manufacturers and large farm equipment companies sued…
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