Market

News and updates about U.S and Canada markets, economic reports and info of the main companies.

Unit sales of 4WD ag tractors experienced a notable upswing in both the U.S. and Canada in September, closing the third quarter of 2023 in a strong position, according to the latest data from the Association of Equipment Manufacturers (AEM). In the U.S., 100+hp 2WD tractors, and 4WD tractors grew year-over-year. Both segments, along with self-propelled combines remain positive for...
CNH Industrial has acquired Specialty Enterprises LLC (Specialty), North America’s largest manufacturer of premium aluminum spray booms for agricultural applications. Specialty, which operates one manufacturing facility in Wautoma, Wisconsin, has been a supplier to Case IH since 2020. The direct ownership of spray boom production is the latest step in Case IH’s strategic road map for its sprayer product platform. As the...
Agriculture equipment maker Deere & Co said it would move the company's cab production from its Waterloo, Iowa plant to Mexico due to a tight labor market in the United States. The transfer of cab production from its Tractor and Cab assembly operations facility to the components plant in Ramos, Mexico is expected to be completed by 2024, impacting about...
Bobcat announced plans for a new assembly plant in Rogers, Minnesota, a northwest suburb of Minneapolis-Saint Paul. This investment will add an additional 225,000 square feet in production capacity and enable the company to streamline efficiencies across its manufacturing footprint in the Midwest region. In addition, the company plans to add more than 100 new, full-time positions at this...
John Deere announced it has established an allied agreement with Mike and Jason Grady of Twin Pak to better serve existing and future John Deere small square baler customers in the United States. "These agreements bring together a revolutionary patented design for small square balers with a best-in-class dealer network,” said Rob Rippchen, global baling and mowing business manager for...
Ag tractor and combine unit sales had their first decline since July 2021, according to the latest data from the Association of Equipment Manufacturers (AEM). U.S. total farm tractor sales fell 21.1 percent for the month of March compared to 2021, while U.S. self-propelled combine sales for the month dropped 10.2 percent to 343 units sold. The 100+ horsepower 2WD...
ASV Holdings offers a merchandise website, shopASV.com, to give ASV’s loyal customer base an easy way to get branded gear, apparel, and other items to represent the ASV brand. “We have some of the most enthusiastic and loyal customers in the industry. We knew we needed to create a way for them to easily get their hands on branded ASV...
Farm Credit West released its 2021 Annual Report highlighting the association’s ongoing commitment to serving the financial needs of farmers, ranchers, and agribusiness throughout California and Arizona. The association is reporting strong financial performance in 2021 with continued growth in net income, earning assets, and capital. “The events of 2021 – and the year prior – provided key opportunities for...
The joint membership of the Midwest-SouthEastern Equipment Dealers Association (MSEDA), the United Equipment Dealers Association (UEDA), the Western Equipment Dealers Association (WEDA), and the Equipment Dealers Association (EDA) have voted overwhelmingly in favor of moving forward with a merger of these four associations to form the new North American Equipment Dealers Association (NAEDA). The member vote was the final step...
Over 2,500 attendees from several countries took part in the tire dealer training program Titan has completed another successful year of Titan University Summit, its exclusive sales training program for tire dealers, after revamping the format and raising the bar by offering hand-on classes using the latest live-streaming production technology to give attendees an interactive experience in the virtual event. The...