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Flooding likely to hike food prices 6/22/2008 Raging Midwest floodwaters that swallowed crops and sent corn and soybean prices soaring are about to give consumers more grief at the grocery store. In the latest bout of food inflation, beef, pork, poultry and even eggs, cheese and milk are expected to get more expensive as livestock owners go out of business or are forced to slaughter more cattle, hogs, turkeys and chickens to cope with rocketing costs for corn-based animal feed. 
Combine sales continue climbing, but tractors still off a bit from a year ago 6/17/2008 According to the Association of Equipment Manufacturers' monthly "Flash Report," the sales of all tractors in the U.S. for May 2008 were down 9.2% compared to the same month last year.
USDA: 2008 ag export sales higher than earlier expected5/30/2008 The U.S. Department of Agriculture on Friday bumped its quarterly ag export forecast by $7.5 billion. For the fiscal year, that means a $26.5 billion increase in anticipated ag exports over previous estimates.
FEWA’s Regional Business Conditions Report 5/20/2008 The Regional Business Conditions Survey is FAXed monthly to two or three FEWA wholesalers per geographic region (see map), and requests information on general business conditions,factors influencing sales, weather, crop conditions, etc.
Mixed Bag for Farm Equipment Sales Year-to-Date5/19/2008 According to the Association of Equipment Manufacturers' monthly "Flash Report," the sales of all tractors in the U.S. for April 2008 were down 6% compared to the same month last year.
Tonutti Acquires Tecnoagricola1/14/2008 Remanzacco, Italy – Tonutti S.p.a., today announced that it has purchased from Tecnoagricola, the technology and manufacturing rights to its innovative Air Seeder product, including the patented Collovati Opener® technology. The acquisition has been signed mid-December with Tecnoagricola’s founder, Mr. Mauro Collovati, giving birth to a new brand: Tonutti Technoagricola.
Farm Machinery Manufacturers Expect 2008 Growth in U.S. and Canadian 11/1/2007 U.S. and Canadian retail sales of tractors and combines are expected to grow overall in 2008, led by four-wheel drive tractors, according to the yearly agricultural equipment "outlook" report of the Association of Equipment Manufacturers (AEM). Demand is expected to be generally positive for the majority of other types of agricultural machinery covered in the AEM survey.
Tractor Sales Rise in August9/12/2007 Sales of tractors and combines rose in August, boosted by demand for higher horsepower tractors, according to a recent report by the Association of Equipment Manufacturers. Total sales of farm wheel tractors increased 2.9 percent to 17,209 from 16,727 in August 2006, the report said.
Why Deere Is Weeding Out Dealers Even as Farms Boom 8/15/2007 MOLINE, Ill. -- For more than a century, Deere & Co. has relied on dealers to sell its iconic John Deere tractors and other farm equipment. Deere dealers like to brag that they "bleed green," the company's trademark color.
Web Map Lists Equipment Industry Sales Tax Exemptions8/6/2007 An interactive map of the equipment industry’s Sales Tax Exemptions has been added to the Web site of the North American Equipment Dealers Association (NAEDA).
AGCO to Acquire 50-Percent Stake in Italian Harvesting Business7/31/2007 AGCO Corporation has announced it has agreed to acquire 50 percent of Laverda S.p.A from the Italian ARGO group, subject to approval.
Carlo Tonutti reconfirmed UNACOMA Vice President7/2/2007 Carlo Tonutti, President of Tonutti Farm Machinery, Remanzacco, UD, Italy, has been reconfirmed as Vice President of UNACOMA (Italian Agricultural Machinery Manufacturer Association) for the next three years (2007 – 2010).
Big Tractor Sales Gain Speed 6/15/2007 We’ve been keeping a close eye on tractor sales ever since the subject of ethanol, a renewable fuel derived from corn, really took hold and sparked speculation over the degree to which demand for it would impact sales of farm equipment.
THE TONUTTI GROUP PURCHASES WOLAGRI6/5/2007 A very signficant NEW ENTRY for the Tonutti Group of Remanzacco (Udine, Italy). April 30th 2007 marked Tonutti’s acquisition of Wolagri S.r.l. in Suzzara (Mantova, Italy), manufacturer of hay making and hay handling machinery (balers, bale wrappers and bale shredders).
AEM New Online Pictorial Database4/30/2007 AEM has completed phase one of a database of "industry recognized" pictorial illustrations for voluntary use in the design of equipment safety signs, manuals and other training materials.
EIMA 2006 – Technical Innovations Highlight the Show3/30/2007 Bologna, Italy - For any journalist attending EIMA, there are so many exhibits with interesting equipment that it is hard to make choices for those that will end up in print. It’s the same for North American dealers, distributors, manufacturers who attend EIMA to look for new and innovative machines for their diverse markets in the U.S. and Canada.
California Vegetables Go Mechanical3/30/2007 With farm labor harder and harder to get, growers in California’s vegetable industry are turning to machines to get them through the season. From transplanters that allow one operator to plant two rows to harvesters that can handle even the tenderest of spring mix, the world of lettuce and greens is increasingly a mechanized one.
U.S. Exports of Farm Machinery Increase 10 Percent for 20063/28/2007 Exports of U.S.-made farm machinery totaled $7.3 billion in 2006, a gain of more than 10 percent compared to the previous year, according to data released by AEM. The North American-based international trade group produces a quarterly “global markets” report consolidating U.S. Commerce Department data.
Michelle Nabors : New Office- and Customer Support Manager at TONUTTI USA - S&T Memphis USA3/28/2007 The Tonutti Company is pleased to announce that Michelle has been appointed as the new Office- and Customer Support Manager at TONUTTI USA - S&T in Memphis, TN
USDA raises ag exports forecast to record $78 billion for fiscal year 20073/2/2007 Agriculture Secretary Mike Johanns yesterday announced an increase in the forecast for agricultural exports to a record $78 billion for fiscal year 2007.
Tonutti Company Expands Memphis Facility3/1/2007 Tonutti Company announces the strengthening of its presence in the United States with the expansion of its sales and service facility in Memphis, TN.
The fair of Knowledge, Idea and Innovation for your Company2/14/2007 Tonutti Company, together with UNACOMA and the University of Udine (Dept. of Ag Science & Technology), has developed a new machine to harvest hemp.
Machinery: Row Crop Tractor Sales Down 20% in January2/13/2007 The Association of Equipment Manufacturers (AEM) reported January 2007 U.S. agricultural machinery sales were lower for row crop tractors (down 19.9%), small tractors (down 13.7%), utility tractors (down 0.2%), and four-wheel-drive tractors (down 8.1%), but were higher for combines (up 20.3%).
USDA outlines farm bill ideas1/31/2007 Secretary of Agriculture Mike Johanns today unveiled USDA's 2007 farm bill proposals. The more than 65 proposals correspond to the 2002 farm bill titles with additional special focus areas, including specialty crops, beginning farmers and ranchers and socially disadvantaged producers.
U.S. ethanol boom to boost farm equipment sales1/17/2007 Growing farmer confidence that the rapidly expanding ethanol industry could sustain high commodity prices may bolster farm equipment sales in 2007
E. Coli outbreak concerns California Farmers12/8/2006 FRESNO, Calif. (AP) -- An E. coli outbreak that has sickened nearly five dozen people in the Northeast is prompting concern among West Coast farmers after officials announced that scallions suspected as carriers of the bacteria came from a Southern California farm.
Demand for corn will continue to grow12/1/2006 A booming ethanol industry that has driven up corn prices will have long-term repercussions for cattle feeders who compete for those same feed grains to fatten their animals, market analysts told the Kansas Livestock Association Thursday.
Farm income to drop 20% in 2006, USDA says11/30/2006 Net farm income in the United States is expected to total $58.9 billion in 2006, a 20% drop from last year, the Department of Agriculture said Thursday.
World demand for agricultural machinery and10/20/2006 World demand for agricultural machinery and equipment is forecast to rise 4.8 percent per year through 2010 to $89 billion. Fueling gains will be accelerating global economic activity, which will bolster farmers' income levels and enable them to purchase newer machinery and equipment, particularly in developing countries. These and other trends are presented in "World Agricultural Equipment," a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm.
Campodarsego (Padua), October 20th 2006 –10/20/2006 Campodarsego (Padua), October 20th 2006 – Carraro SpA, leader in the automotive systems, and Antonio Carraro SpA, leader in the production of multifunctional tractors for specialised cultures, have signed a commercial agreement today.
McCormick International USA, a division of10/12/2006 McCormick International USA, a division of ARGO Tractors and part of ARGO S.p.A. has appointed Simeone Morra to president of McCormick USA effective immediately.
Periodically, staff members within the Department10/5/2006 Periodically, staff members within the Department of Agricultural and Consumer Economics estimate the costs of completing field, forage and harvesting operations on Illinois farms. For selected field and harvest operations, machinery costs are between 11% and 44% higher in 2006 than in 2005. Fuel prices, interest rates and rising new equipment list prices contributed to the increase.
SALINAS, Calif. - Farmers in the9/19/2006 SALINAS, Calif. - Farmers in the self-proclaimed "Salad Bowl to the World" started plowing their spinach crops under and laying off workers as government inspectors examined fields and packing houses Tuesday for the source of the deadly E. coli outbreak.
TRENTON, N.J. (AP) -- Almost overnight,9/19/2006 TRENTON, N.J. (AP) -- Almost overnight, the market for spinach has evaporated amid a national health scare, leaving growers nervous as the fall harvest is about to begin.
Georgia's cattlemen have a lot to9/18/2006 Georgia's cattlemen have a lot to beef about this year. A drought since the spring has hurt pastures and forced some producers to reduce their herds because they don't have enough grass to graze them. Some had to purchase hay to sustain their herds, or use hay they would normally store for winter feeding.
Oakwood, GA: June 29, 2006:6/30/2006 Oakwood, GA: June 29, 2006: The Greater Hall Chamber of Commerce and Pattillo Construction Company announce a Ground Breaking Ceremony for FAE USA on Monday, July 10 at 10:00 a.m. at Oakwood South Industrial Park in Oakwood, Georgia.
U.S. farm exports will total a6/6/2006 U.S. farm exports will total a record $67 billion for the year ending Sept. 30 thanks to higher prices and larger corn exports, the U.S. Department of Agriculture forecast last week. The new forecast was up $2.5 billion from an estimate made in February. USDA forecast agricultural imports of $65 billion for fiscal year 2006, up $1.5 billion from February.
TONUTTI announces the aquisition of Bimek5/31/2006 TONUTTI announces the aquisition of Bimek S.r.l., a manufacturer of finishing mowers and tillers. The company is located in Ripa Teatina (Chieti) in the central part of Italy near the adriatic cost.
It is time to start planning5/23/2006 It is time to start planning if you want to attend EIMA 2006, Nov. 15-19
There is a story behind the5/22/2006 There is a story behind the stylized logo of the Tortella manufacturing company. The two figures on either side of the anvil represent two brothers, Donato and Michele Tortella.
Enorossi announces the acquisition of Bacchetti,5/20/2006 Enorossi announces the acquisition of Bacchetti, an Italian manufacturer of backhoes for small tractors. This new product line of backhoes includes a range of models that can be mounted on a wide range of tractors. According to Mr. Adelmo Giovannini, the models include "side shift and central pivoting backhoes which are very popular in the US”.
Sales of tractors and combines to5/10/2006 Sales of tractors and combines to farmers in North America fell in April, according to a closely watched report released on Wednesday.
The burgeoning ethanol industry is changing5/9/2006 The burgeoning ethanol industry is changing the economic landscape of rural America, as companies pour billions of dollars into production plants in a race to meet demand and ease America's addiction to gasoline.
Wall Street machinery analyst David Bleustein1/5/2006 Wall Street machinery analyst David Bleustein continues to see a downword trend this year. Bleustein, an analyst with UBS Investment Research, expect 2006 farm equipment sales to fall 5%-10% driven by depressed farm commodity prices, elevated input costs (notably energy), rising interest rates, difficult machinery comparisons from 2005 and the uncertainty created by potential changes in U.S./European farm support programs.
ORLANDO, Fla. - Hurricanes made 20051/2/2006 ORLANDO, Fla. - Hurricanes made 2005 one of the worst years in recent memory for agriculture in Florida, which supplies more than half of the nation's fresh vegetables between November and February.
Over the next 15 years, American12/12/2005 Over the next 15 years, American agriculture will remain a productive and profitable venture, but the industry will look considerably different than it does today. According to a two-year Farm Bureau study, U.S. agriculture’s future will include a drastically changed government farm program, continued consolidation of production, and the adoption of additional environmental practices dictated by the marketplace.
Farmers hanging onto worn-out equipment because11/23/2005 Farmers hanging onto worn-out equipment because of the tax code’s outdated depreciation system soon could have a new incentive to purchase the latest tractor, combine and other agricultural machinery.
DURAND, ILL. – The weather for10/25/2005 DURAND, ILL. – The weather for Bernie Walsh's harvest has been close to ideal: an endless run of clear, warm, dry days. It's a welcome change after the troubling summer drought, and the computer that measures corn yields as his combine slices through the fields gives more good news: he's bringing in more corn than he expected.
Washington - Despite a hurricane that10/12/2005 Washington - Despite a hurricane that flattened sugar cane fields last month in Louisiana and drought that persisted in the Plains, weather has failed to slow the nation's corn, rice, soybean and cotton crops, the Agriculture Department said Wednesday.
Chicago - U.S. farm equipment sales10/11/2005 Chicago - U.S. farm equipment sales rose in September, topping last year's monthly numbers for the first time in six months, a report showed on Tuesday.
TRENTON, N.J. - The intense heat9/28/2005 TRENTON, N.J. - The intense heat wave and dry spell over the second half of the summer has left many New Jersey farmers burned up — just like some of their crops — over reduced yields.
WASHINGTON, Sept. 20, 2005 - Agriculture9/20/2005 WASHINGTON, Sept. 20, 2005 - Agriculture Secretary Mike Johanns today released a preliminary assessment of U.S. agricultural production losses due to hurricane Katrina in the mid-south and drought in the eastern Corn Belt. The report estimates hurricane-related losses to be nearly $900 million.
CNH Global N.V., one of the9/8/2005 CNH Global N.V., one of the world's largest manufacturers of agriculture and construction equipment, today announced it will donate more than $1 million of Case and New Holland construction equipment to support ongoing relief and restoration efforts related to Hurricane Katrina, which devastated several Gulf Coast states. The contribution includes approximately $200,000 of construction equipment from Kobelco, its global alliance partner.
Net farm income this year is9/1/2005 Net farm income this year is seen down $10.7 billion from last year's unprecedented highs. USDA on Wednesday forecast this year's net farm income at $71.8 billion, down about 13% from the record $82.5 billion estimated for 2004, which was up on favorable market and production conditions.
Conservative estimates put a $1 billion9/1/2005 Conservative estimates put a $1 billion price tag on the damage done directly to crops and livestock by Hurricane Katrina, according to Terry Francl, senior economist with American Farm Bureau Federation. He says an additional $1 billion in indirect costs could result from a growing waterway shipping crisis and soaring fuel prices.
WASHINGTON (AP) -- Hurricane Katrina interrupted8/31/2005 WASHINGTON (AP) -- Hurricane Katrina interrupted farm shipments through New Orleans, where more than half of the nation's grain exports depart for overseas.
The worst drought in 17 years,8/12/2005 The worst drought in 17 years, affecting large parts of the U.S. farm belt, is pushing up commodity prices and will boost demand for farm equipment from manufacturers like Deere & Co., analysts said on Thursday.
LAKE FOREST, Ill., July 27 /PRNewswire-FirstCall/7/27/2005 LAKE FOREST, Ill., July 27 /PRNewswire-FirstCall/ -- CNH Global N.V. (NYSE: CNH - News) today reported second quarter 2005 net income of $114 million, compared to second quarter 2004 net income of $83 million. Results include restructuring charges, net of tax, of $4 million in the second quarter of 2005, and $24 million in last year's second quarter. Second quarter diluted earnings per share were up 36% to $.49, compared to $.36 in the second quarter of 2004.
Soaring gas prices might force some7/1/2005 Soaring gas prices might force some Americans into smaller vehicles, but they're pushing farmers into bigger Bush Hogs.
Just months after Illinois farmers reaped6/28/2005 Just months after Illinois farmers reaped a record harvest of nearly 2.1 billion bushels of corn, most of the state is so dry that some worry this year's crop could be lost.
Tests have confirmed mad cow disease6/24/2005 Tests have confirmed mad cow disease in a U.S. cow previously cleared of having the brain wasting illness, the Agriculture Department said Friday. It is the second case of mad cow disease in the United States.
At the National Farm Machinery show6/21/2005 At the National Farm Machinery show in Louisville, Kentucky, Enoagricola Rossi srl, CALZOLARO – UMBERTIDE (PG), Italy, presented a new autosteer Y Rake.
According to preliminary results of UBS’6/15/2005 According to preliminary results of UBS’ 18th Semiannual Agricultural Dealer Survey, farm equipment dealers believe 2005 machinery sales will be roughly flat with 2004 — 0% to 5% — which is significantly less optimistic than they were 6 months ago.
On Saturday, June 11th the headquarters6/15/2005 On Saturday, June 11th the headquarters of the Tonutti Group was inaugurated at Remanzacco, Italy. The offices were blessed by Cardinal John Tracogna with the presence of many politicians and high rank authorities along with many other guests.
After two years of drought and5/27/2005 After two years of drought and the fallout from mad cow disease, farmers’ net cash receipts rebounded last year to $6.3 billion, reported Statistics Canada this week. The agency said producers saw their net cash incomes – the difference between cash receipts and expenses – rise 34.4 per cent from the low received in 2003, although this was still 1.0 per cent below the previous five-year average.
The U.S. Department of Agriculture Economic5/25/2005 The U.S. Department of Agriculture Economic Research Service and Foreign Agricultural Service have released its outlook for 2005 U.S. agricultural trade. U.S. agricultural exports are forecast at $60.5 billion, up $1.5 billion over the February estimate but remain $1.8 billion below the record set in 2004.
Agriculture is booming in Brazil, and5/22/2005 Agriculture is booming in Brazil, and U.S. farmers are taking notice. Buffeted by high production costs, low market prices and the World Trade Organization, Americans increasingly look to low-cost, low- wage Brazil for economic survival.
FRESNO, Calif. (AP) -- The farmers5/13/2005 FRESNO, Calif. (AP) -- The farmers who grow many of the fresh fruit and vegetables for the nation's dinner tables say the rising cost of oil is making this one of their toughest planting seasons yet.
At the National Farm Machinery show5/13/2005 At the National Farm Machinery show in Louisville, Kentucky, Tonutti Farm Machinery, Remanzacco (UD), Italy, presented two new machines: the carted hay rake series EAGLE and the finishing mower series FM. The firm notes the two machines drew a large crowd of people and had an incredible success not only with the Tonutti distributors, but also with dealers and farmers who showed great interest.
The 2004 Monterey County Crop Report5/11/2005 The 2004 Monterey County Crop Report was released today and revealed that the county's agricultural companies produced $3.4 billion in products, up 3 percent from the previous year, according to Agricultural Commissioner Eric Lauritzen.
All of the former US Secretaries4/19/2005 All of the former US Secretaries of Agriculture today sent a letter to every member of Congress urging support of CAFTA-DR, the Free Trade Agreement with Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras, and Nicaragua.
The 35th anniversary edition of the3/22/2005 The 35th anniversary edition of the EIMA – the annual Italian farm and gardening extravaganza – was one of the largest and best I have attended. Several changes to the previous years’ format simplified the exhibition for visitors.
The United States will export $592/24/2005 The United States will export $59 billion worth of farm goods in fiscal 2005, up from a previous forecast of $56 billion due in part to larger shipments of pork, cotton and oilseed products, the U.S. Department of Agriculture said Thursday.
Canadian farm revenue rose 7.5 percent2/24/2005 Canadian farm revenue rose 7.5 percent last year as crop production rebounded after two years of drought. Revenue collected by farmers and ranchers climbed to C$36.8 billion ($29 billion) from C$34.2 billion in 2003, Statistics Canada said in Ottawa today. Crop receipts rose 11 percent to C$14.7 billion.
LIVE OAK, Calif. (AP) -- Rice2/11/2005 LIVE OAK, Calif. (AP) -- Rice grower Frank Rehermann contemplates his 33rd spring planting while worrying about the lowest crop prices he has ever seen. And not only that, he is hearing troubling things from the federal government, his silent partner on 900 acres about 60 miles north of Sacramento.
U.S. agriculture equipment makers, coming off2/11/2005 U.S. agriculture equipment makers, coming off a solid 2004, face a much different picture this year due to uncertainties in Brazil and other South American countries, analysts said.
The Bush administration proposed a $5872/7/2005 The Bush administration proposed a $587 million cut in farm subsidy spending for fiscal 2006 and, tackling a sore subject in farm country, a "hard" cap of $250,000 on the maximum payment per farmer on Monday.
Compact tractors and smaller farm machinery2/5/2005 Compact tractors and smaller farm machinery designed to meet the needs of "urban farmers" is a fast-growing market segment for manufacturers.
CNH Global N.V. today reported a2/3/2005 CNH Global N.V. today reported a fourth quarter 2004 net income of $26 million, compared to a fourth quarter 2003 net loss of $111 million. These results include restructuring charges, net of tax, of $22 million and $140 million, respectively, in the two periods. Fourth quarter 2004 basic earnings per share were $.19 ($.11 per diluted share), compared to a net loss of $.84 per share ($.84 per diluted share) in the fourth quarter of 2003.
U.S. farm numbers declined in the1/31/2005 U.S. farm numbers declined in the two smallest economic sales classes and rose in the three largest economic sales classes last year compared with 2003, USDA said in a report released today.
PRNewswire-FirstCall via Yahoo (January 13, 2005)1/12/2005 PRNewswire-FirstCall via Yahoo (January 13, 2005) - CNH Global N.V. and its global alliance partner Kobelco Construction Machinery Co., Ltd., have jointly pledged to contribute $1 million in aid to the areas devastated by the Indian Ocean earthquake and tsunami that struck on December 26, 2004.
OMAHA (DTN) -- The Washington Insider1/11/2005 OMAHA (DTN) -- The Washington Insider reported that a top budget aide for Senate Majority Leader Frist said the Bush administration plans to freeze most spending in programs for agriculture to help cut the budget deficit in half by fiscal 2009.
Despite a weak U.S. dollar that12/30/2004 Despite a weak U.S. dollar that makes their goods more expensive and hampers competitiveness, Italian farm equipment manufacturers look increasingly to America to increase sales and profits.
FRESNO, Calif. - The Central Valley's12/29/2004 FRESNO, Calif. - The Central Valley's dairy, cotton, fruit and vegetable farms are the newest front in the fight to clean up one of the nation's dirtiest air basins.
ABERDEEN, S.D. - It's been a11/29/2004 ABERDEEN, S.D. - It's been a banner year for farm implement dealers, which has helped create a shortage of farm equipment.
CHICAGO (Reuters) - Deere & Co.11/23/2004 CHICAGO (Reuters) - Deere & Co. (NYSE:DE - News) on Tuesday reported a five-fold increase in quarterly profit, as strong commodities prices and a big U.S. harvest spurred farmers to buy new equipment.
WASHINGTON - U.S. farm exports will11/23/2004 WASHINGTON - U.S. farm exports will plunge by 10 percent to just over $56 billion in 2005 as soaring crop production around the world lowers prices and results in greater competition for U.S. farmers, the Agriculture Department predicted Monday. The projected decline follows a year in which sales of American farm products hit an all-time high of $62.3 billion for the 12 months ending in September, the department reported.
The J.G. Boswell Co., the largest11/6/2004 The J.G. Boswell Co., the largest farming company in the U.S., does things on a massive scale in California’s San Joaquin Valley but still shares concerns of other farmers when it comes to operating tractors and implements for the greatest efficiency. Speaking at the 12th Italian Farm Machinery Convention held recently at Monterey, John P. Rodrigues, Boswell’s Corcoran-based manager of equipment and harvest, discussed how his organization keep hundreds of pieces of equipment running for the best effect.
The Italian Farm Equipment Convention recently10/28/2004 The Italian Farm Equipment Convention recently held in Monterey, California provided an opportunity for Italian farm equipment manufacturers to meet with farm equipment distributors from the US, Canada, and Mexico. The convention, number 12 in the series, was sponsored by the Italian Trade Commission and was part of a program to promote Italian farm equipment in the US.
MONTEREY, Calif. — As it adjusts10/20/2004 MONTEREY, Calif. — As it adjusts to consolidation and other changes in agriculture, the farm equipment industry must not only cope with tightening competition but also anticipate needs of a more diverse clientele, one, two, or maybe three years ahead of sales.
Wall Street machinery analyst David Bleustein10/12/2004 Wall Street machinery analyst David Bleustein likes what he's seeing this year. Bleustein, an analyst with UBS Investment Research, suggests purchases of large farm machinery will increase 15% in 2004. However, he expects Farm Machinery Sales to decelerate in 2005.
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