John Deere leads the market into more subdued sales results
Local market leader John Deere has posted more sobering results that confirm the overall market has reached current growth limits Deere & Company accountants have been busy tallying the second quarter results for the company worldwide and while there was a healthy net income of US$2.37 billion for the 3 months ending on 28 April […]
Kubota Spring Catalogue 2021 has some mighty good buys
Kubota spring catalogue 2021 will prepare you for everything you will possibly need for working on the land Apart from supplying some of the best farm equipment available, Kubota’s spring catalogue for 2021 is also packed with ways to prepare for the storm season. The spring catalogue highlights two diesel generators designed for easy transport […]
Agriculture financing at record high with nothing left on the machinery shelf
Across the country farmers are investing in machinery and equipment purchases with lending hitting a seven year high Data released by the Commonwealth Bank shows asset financing for equipment and machinery across Australia’s booming agriculture sector is currently sitting at a seven year high. Commonwealth Bank’s Executive General Manager of Regional and Agribusiness, Grant Cairns, […]
Farming machinery booms under high income conditions
There has been a 50% increase in financing for agri machinery as farmers fast track expansion plans according to the Commonwealth Bank.
Farm machinery sales continue to increase in US and Canada
Putting more pressure on the availability of product for our local market, sales of tractors and self-propelled combines in August 2020 increased for the fifth month in a row in the US, and stayed above the previous year for the third consecutive month in Canada.