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ST Engineering LeeBoy Inc Names Brian Bieller CEO : CEG

ST Engineering LeeBoy Inc Names Brian Bieller CEO : CEG
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Tractor Sales Higher and Trucking Prices Soar - AG INFORMATION NETWORK OF THE WEST

Is an equipment buying boom coming?

May 26, 2021 OEM respondents to the Association of Equipment Manufacturers’ Q1 survey are showing elevated optimism about the year ahead. “Based on the qualitative perceptions of our members, given by what we’ve been through last year, I could say we’re solidly in the boom period in our industries,” says Benjamin Duyck, AEM’s director of market intelligence. Each quarter, AEM asks its manufacturer members to assess market demand, with questions about new orders, production, work backlog and inventories, among other things. Respondents give their perceptions of   equipment demand year-over-year and quarter-over-quarter and how they expect demand to evolve over the next 12 months.

Ag News: Tractor Sales Higher and Trucking Prices Soar

Ag News: Tractor Sales Higher and Trucking Prices Soar Getty Images The improving farm financial situation is benefitting the ag equipment sector, and as a result, tractor sales continue to do well. www.agweb.com reports, new numbers from the Association of Equipment Manufacturer s monthly flash report show sales of all tractors were up 23% last month compared to the same month last year. In the first four months of the year, sales are up 39% year to date. Trucking prices shot up in mid-May and will likely to continue that trend through the Fourth of July thanks to the rising spot market for trucks.

Tractor Sales Higher and Trucking Prices Soar - AG INFORMATION NETWORK OF THE WEST

Tractor Sales Higher and Trucking Prices Soar Monday May 24th, 2021 From the Ag Information Network, I’m Bob Larson with your Agribusiness Update. For people who operate sod farms, the COVID-19 pandemic and the deepening drought have brought changes to their business. The pandemic cut demand from schools and sports stadiums BUT brought an uptick in residential business. Drought prompts buyers to seek sod that uses less water, so growers have maintained a trend toward production of water-saving grasses. One grower says the previous drought had “a heavy influence” on what he markets now. The improving farm financial situation is benefitting the ag equipment sector, and as a result, tractor sales continue to do well.

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