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Farm equipment sales: Where to from here?

from Farm Equipment

Most of the numbers are in on farm machinery sales in 2018 and, all in all, it wasn’t too bad of a year for many/most equipment dealers and manufacturers. Last week, both AGCO and CNH Industrial reported their year-end results. Deere’s fiscal year 2018 ended on Oct. 28 and they will be reporting first quarter FY2019 earnings this Friday (Feb. 15). So far, each of the majors have reported solid results for 2018 and are expecting slightly higher sales for ag equipment in 2019. more

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