Monday, June 3, 2019
Agriculture and Forestry Machinery Industry in Canada
Agriculture and Forestry Machinery Industry in CanadaGeneral remarksThe sources should be addedThe style we do it is like this1Also, since there atomic number 18 instanter sources, I messnot check how valid are your pointsIt is ever better to talk about the movement preferably than staticE.g. the point with adds. Less loans, to a greater extent loans than in 2012 (2011, 2012)? What is the trend, and this trend is the result of what? (not just 2013)With body politic(a) land. Increasing? Decreasing? The trend.Hard to understand the main tommyrot (and I think it is to a greater extent related to the loans, and newspaper clipping of subsidies than with rich harvest)I am likewise adding the competitive landscape from last year, so you can bury the club you didnt know.HeadlinesMarket for hoidenish and forestry machinery grows 15% in 2013 collect fit to increasing capacities of domestic and main import/export follower regular army farms and then high farm incomes that enc ourage farmers to invest in agriculture machinery.G1Industry increasingly concentrated, with upside 5 companies Buhler Industries Inc., John Deere Ltd., CNH Canada Ltd., Bourgault Industries Ltd., La Coop Purdel increasing their receipts Government gives loans and insurance incentivise farmers to buy pertly equipment or update old machinesGL2Domestic securities fabrication grows slightly more than sales over 2013, mainly due to cost savings arising from adoption of sophisticated technologiesGL3 by chance a point about cutting government subsidiesLoansSomething from drudgery, like innovation trend or claim abroad for Canadien machinery ( I s bowl didnt create why exactly is the Canadian machinery imploreed)Industry set to see 3% turnover growth in 2014 due to accelerating mechanisation and adoption of precision ground in agriculture, coup conduct with strong USA demand for Canadian-made machineryMarket TrendsThe Canadas market for verdant and forestry machinery was value d C$5.4 meg in 2013, up by stupefying 15% from 2012. Year-on-year G4market growth was mainly attri just nowed to the agriculture intentness and its growing automation, while increasing application of innovative products much(prenominal) as precision farming equipment to a fault had a positive impact. Farms sought to summation production capacity and capture the benefits of high revenue coming from high mould prices. G5Furthermore, major what? trends in Canada and early(a) high-income countries included a reduction in the number and growth in the size of farmsG6, which fuelled demand for sophisticated agricultural equipment.Farm size in Canada is growing similar to other high 0 income countries, which fuels demand for sophisticated agricultural machinery.The agriculture fabrication was main buyer of agricultural and forestry machinery in 2013, including twain purchases for investment and business purposes. There were around two hundred 000 farms operating in Canada in 201 3, with more than 51 million hectares of agricultural land classified as dependable agricultural land GL7. An slender 2013 key grains such as and oilseeds harvest in Canada was a main contributor for strong which sector performance. Consequently, dismiss farm incomes in 2013 were as high as in 2012 , fuelling investment in capacity expansion, which led to 12% growth of agriculture sector consumption for investment and business purposes.High agriculture revenue and consequent spending on agricultural and forestry machinery was a result of several key factors. Primarily, favourable go conditions , translated in record 2013 crop production and allowed farmers to capitalise on higher crop prices, which remained high till the end of the year. In addition to that, although the number of farms in Canada is steadily falling since 2006 (taking in to perspective from 2006 to 2011 it fell 10.3% or by 24 thousand farms), they are getting big, which resulted in economies of scale and capita l concentration. This course allowed greater spending on state-of-the-art agricultural equipment, adoption of precision farming, the use of rude(a) technologies to optimize agricultural passs and reduce costs. Precision farming employs innovations such as global positioning systems for vehicle and row tracking that allow farmers to use previous yield information and soil resistivity data to denigrate figureting overlaps.G8Farm credit approved 47 046 new loans in 2012-13, with average size of loan approved rising to C$162.406, giving farmers motivator to acquire new equipment. GL9 However federal program payments, which include primarily payments made directly to agricultural sector? manufacturers, were set to decrease from C$1.3 one million million million in 2012, to C$1.2 billion in 2013 and during the same 2 year period, provincial program payments were also set to decrease from C$ 1.6 to C$1.5 billionG10.In 2013 majority over 59% of domestic market demand was accounted f or by outside producers. Primarily from USA , which claimed 70% of all domestic market demand. G11Innovative expert advancements related to precision farming equipment, new advanced agriculture tractors and soil preparation machinery, backed by geographic proximity and NAFTA membership, allowed USA to remain Canadas close import partner in agricultural machinery. Meanwhile, second Canadas foreign supplier Germany, managed to increase its market function from 8% in 2012 to 9% in 2013. This can be attributed to record high farm incomes in Canada and farmers, who valued Germanys reputation as a producer of high-end agricultural machinery. This fostered demand for made-in-Germany machinery. G12Agricultural tractors were most demanded machinery in the market, accounting for 34% of the demand in 2013, increasing from C$1.6 billion in 2012 to C$1.8 billion by 10%, while fruit and thrash about machinery increased by 13% from C$1.3 to C$1.4 billion, which respectively accounted 26% of the demand in 2013. This increase of demand for the machinery can be explained by excellent 2012 year for farmers, who were able accumulate profit and bright expectations, that in 2013 grain production increase to 97 million tonnes, compared to 77 million tonnes, encourage farmers to plan ahead and to invest in new agricultural tractors, harvesting and threshing machinery. G13Production TrendsIn 2013 production of agriculture and forestry machinery in the Canada was C$ 4.7 billion, up 14% from previous year. Turnover of local anesthetic producers was driven by reboots demand from domestic market as swell up as 7% growth in exports. As the result of increased agriculture volume, high net farming income and high demand for Canadian machinery in biggest export partner USA, local manufacturers ran at full capacity by means ofout 2013. Tight competition in the agriculture industry, led farmersGL14 to seek cost minimisation, which could precisely have been most efficiently achieved us ing sophisticated machinery Canadian agricultural machinery industry had to offer. GL15Even though exports GL16percentage of production output fell from 53% in 2012 to 51%in 2013, exports grew by 7% from C$2.2 to C$2.4 billion. It was due to the fact that domestic demand grew faster than exports. Canadas export partners were mostly industrialised market economies where agricultural activity is capital-intensive and reliant on advanced technology. The biggest trade recipients remained USA claiming 79% of Canadas exports, due to geographic proximity and NAFTA membership, allowed Canada to remain the USAs primary import partner in agricultural equipment. As for 2013, Canadian soil preparation machinery and harvesting and threshing machinery each accounted for a third of agricultural and forestry machinery imports to the US.2013 was a year of innovations in agricultural and forestry machinery industryGL17 with breakthrough in precision farming. New ways at improving tillage by introdu cing tools capable of variable-rate tillage, vertical tillage and improved difference management, was direct innovation. Other significant areas of innovation were equipment of smaller magnitude, directed at easier way to transport and to let tractors and planters achieve higher speedGL18.Decreasing number of farms, but ever expanding in size has been long lasting trend in Canada, bigger farms are capable of buying more expensive and sophisticated machinery. In addition to that, StatsCan also found a shift away from livestock-based farms to crop-based operations, such farms require more machinery to be ran efficiently than livestock-based. Naturally large corporations in machinery industry were more successful in satisfying demand for such equipment, due to high capital requirements, great fixed costs and the importance of economies of scale. Smaller firms were able to compete in agricultural and forestry machinery industry by capitalizing their sales by offering specialised equi pment such as tractor attachments to smaller farmers, who were trying to compete with bigger farmers as well. G19Production volume expanded by 14%, leading to stunning increase in profit by 20% over 2013, was among the largest among develop countries. Comparing to a profit margin of USA, which increased by moderate 4% but remained high, outperforming such countries as Italy, France, Germany and the UK. GL20Due to the rising popularity of precision-farming technologies, which started in 2011, top agriculture machinery manufacturers started to employ more professionals to create and develop more state-of-art GL21data hosting technologies, cloud-based applications, and other modern solutions. This translated into boost in wages, to attract best qualified personnel through 2012 and 2013. These strategies as well as 7% increase in number of employees, led to 6% increase of turnover per employee. GL22Competitive ornamentThey all manufacture agricultural machinery? But how are they diffe rent? What kind of machinery?The industry of agricultural and forestry machinery was becoming more concentrated in production hurt with five leading entities Buhler Industries Inc., John Deere Ltd., CNH Canada Ltd., Bourgault Industries Ltd., and La Coup Purdel in 2013.Majority of enterprises operated in the industry were micro-sized and small, mainly producing specialised equipment such as tractor attachments. Due to high capital requirements, massive fixed costs and the importance of economies of scale, the bigger share of turnover was captured by the largest producers.Buhler Industries Inc is headquartered in Winnipeg, Manitoba, Canada, manufacturer and distributor of agricultural equipment. Factories in Morden and Winnipeg, MB, Salem, SD, Willmar, MN and Fargo, ND, build tractors, front-end loaders, augers, constrict implements and more. Buhler Industries maintains several well-stocked parts warehouses. 2007, Combine Factory Rostselmash Ltd, a major combine manufacturer locat ed in Rostov-on-Don, Russia, acquired 80% of the common shares of Buhler Industries. With additional investment in engineering, research and development and production, the company is moving forward. The dealer / distribution network in sum the States remains unchanged, but the Rostselmash network of more than 200 dealers in Russia, Ukraine and Kazakhstan now has access to the products built by Buhler Industries. 2013 marked the launch of a highly anticipate product known as the Versatile DeltaTrack. The new Versatile 260, 290 and 310, a front-wheel assist fixed frame tractor, entered production. This interim Tier 4 compliant tractor features a Cummins QSL 9.0 mated to a 16-speed powershift transmission. This new row crop tractor uses the Versatile HQ cab, the biggest cab in the agriculture industry, featuring new ergonomic controls and unmatched visibility and comfort. News?CHN Canada Ltd. is a company based in Saskatoon, Canada, which produces industrial and commercial machinery products, including farm machinery and equipment. CNH has earn a reputation for product quality and superior design in seeding, tillage and chemical application equipment. In particular, aerate seeding systems stand alone in terms of innovation, efficiency and effectivenessGL23. News?John Deere Ltd. is a company based in the Canada, which design, manufacture and distribute agricultural and formulation equipment, turf and forestry equipment and additional supporting businesses Financial Services, Power Systems, Parts Services, and the Intelligent Solutions group. John Deere Ltd., future plans are to expand globally with a focus on six key areas the United States and Canada, Europe, Brazil, Russia, India, and China. News?Bourgault Industries Ltd. is a company based in the St. Brieux, Saskatchewan, Canada, which design, manufacture and distribute farm equipment. Bourgault Industries Ltd. is the world leader in strip seeder technology. In 2011 company introduced Model 7950 air se eder, with four main tanks totalling 34 000 litres and full inter-tank flexibility that Bourgault air seeders are renowned for. News?ProspectsThe industry for agriculture and forest machinery is evaluate to enjoy a moderate 3% growth of turnover in 2014. The 2015 Canadian Agricultural Outlook projects that net income for Canadian farmer will continue to grow in 2014. In addition to that sizable gains realised during 2012 and 2013, and modest global demand for agriculture equipment, are anticipated to sustain demand for agricultural and forestry machinery in 2014.Talk about continuous decrease in subsidiesTalk about how usa agricultural sector is project to expand and have positive growth on exportsTalk about sift towards grain farming rather than live stock, this type of farming should be requiring more machinery to process land ( my guess) can we confirm?In the medium and long term prospects for Canadas agriculture and forestry machinery producers are positive, particularly in ter ms of foreign opportunities. Growing demand for food and rising crop prices are set to fuel farm income worldwide and spur robust demand for advanced agricultural equipment. The necessity for cutting-edge machinery will be particularly high in regions characterised by rapid urbanisation and declining crop-land areas, as well as emerging markets in Eastern Europe and Africa, where consolidation will make capital investments more attractive and attainable.Application of new technologically-innovative farming practices, such as precision farming, is expected to fuel demand for agricultural equipment over the forecast period. which will as well drive the turnover of the industry under review. Demand for precision farming equipment is predicted to grow over the forecast period as young and open to what tech has to offer farmers continue to enter the national agriculture industry.GL24Competitive Landscape (2012)CNH Canada Ltd is a Canada-based subsidiary of CNH Global NV, which is majorit y owned by Fiat SpA. CNH manufactures and markets agricultural and construction equipment with 37 manufacturing facilities located throughout Europe, North America, Latin America and Asia. In Canada the company operates a manufacturing centre in Saskatoon, SK, where it employs around 700 full-time workers. CNH Global NV operates through 11,300 dealers in approximately 170 countries and employs around 28,800 workers globally, with 9,900 in North America.Buhler Industries Inc is a Canadian company owned by Novoye Sodruzhestvo Industrial Group, which manufactures and sells agricultural equipment. Among the companys products are tractors, self-propelled and pull-type sprayers, front-end loaders, grain augers, snow blowers, tillers, finishing mowers, function processing equipment, seeding and tillage equipment, hay and forage equipment, among others. Buhler Industries Inc has several manufacturing plants in Morden and Winnipeg (Manitoba), Vegreville (Alberta), as well as sites in the US in Fargo (North Dakota), Salem (South Dakota) and Willmar (Minnesota). The company employs more than 1,000 workers in North America.John Deere Ltd is a Canadian subsidiary of Deere Co, which is an American company specialised in the manufacture of construction equipment, farm and turf equipment and forestry equipment. The company offers such products as loaders, combines, corn pickers, cotton and sugarcane harvesters, tillage, seeding and application equipment. It owns 19 plants in the US and Canada and plants in Brazil, China, France, Germany, India, Israel, Mexico, and other countries around the world.MacDon Industries Ltd is a Canada-based company which designs, manufactures and sells harvesting equipment. Among the companys products are self-propelled windrowers and headers, pull-types for hay, draper headers for combines and pick-up headers. MacDon Industries Ltd operates a manufacturing facility in Winnipeg, Manitoba, Canada, which occupies over 600,000 square feet of buildi ng space.Bourgault Industries Ltd is a company based in Canada, which designs, manufactures and sells agricultural equipment. Among the companys products are air seeders, air drills, tillage units, harrows, packers, fertiliser application systems, and others.1 A SourceG1Per ilga antrasteGL2No companies. Unless its an historic merge or news which is important to overall industry. In this case only one company news would come to head line. Not a summary list.GL3If its meant to be market grew more than production? I think that reasons are confusing. I can not see the numbers but it seems like a. market is driven by local demand b. production by exports and market? If yes , I agree the statement is lacks strength in logicG4What year? I would suggest explaining what is the difference.G5When?G6Is a new trend, still applicable to 2013? I would expect to read about it later in the txt, where a comparison is done of average farm size e.g. in year x versus 2013.GL7to try to give an evaluatio n is what does this number represent. E.g. is it more than e.g. usa or some other big nation. In general..G8Repetitive, combine withy the 2nd point Maybe clean up some facts but leave the size info.GL9I guess I want to see movement but simple fact of how different it is from 2012 more less would be enough.G10Very important point. More important than harvest, or land are. SO first, cutting subidies, decond, agricultural loans. The provoke things is how come with subsidies down investment grew that much? But I guess its a controversy which is difficult to answer. One would expect a burst forth in loans,. Even then, subsidies declined 2 bil, while there is 100 000 of loans, not even close to compensate.G11Imports?G12Not sure, quite weak argument, I agree, its enough in terms of us. Unless he would be listing the companies and brands and new real products introduced. I would love toread about precision faring. Which company is has offered such farming machinery in 2013 , it would b e a good illustraiontG13Gaun, repetitive. If you want to say it, add it above/ . I guess agree . I would say add that his buyers analises is strong enough, no need to unload talk on sectors.GL14WhosGL15Sounds like an advertising slogan. I doubt that Canadian machinery is that special, and if it is, you have to tell what specific machinery or something is that important/demanded.GL16Since market is already breakd, in this case export is second most important factor to be analysed and presented in the production sector. I would doubt the analytical need to analyse export share change. Its enough to say its curtail, and it grew a little less by (something, not share) this time than local market. In the intro though always clearly state if local production is driven by export growth or local market , in this case its local market. unless exports remain curtail as its half of revenues.GL17This argument needs support and examples. E.g. this this company, designed,/introduced and etc. P lease expand this point.GL18G19Labiau prie market tinka I would delete it, the only evoke thing here that I found interesting is livestock-based farms to crop-based operations, this is important and should be mentioned in bueyrs. ( or agricultural analyses of the market) However, I do not see that textual matter after that translates into explanation what it meant for producers.I would say its just a good fact to add to the positive facts of increasing size of farms, and good crop prices.GL20Descriptive.GL21ADVERTISINGGL22GUESSINGGL23Not a commercial. earned a reputation for product doesnt firGL24Not clear what and why?General remarksThe sources should be addedThe way we do it is like this1Also, since there are now sources, I cannot check how valid are your pointsIt is always better to talk about the movement rather than staticE.g. the point with loans. Less loans, more loans than in 2012 (2011, 2012)? What is the trend, and this trend is the result of what? (not just 2013)With ag ricultural land. Increasing? Decreasing? The trend.Hard to understand the main story (and I think it is more related to the loans, and cutting of subsidies than with rich harvest)I am also adding the competitive landscape from last year, so you can finish the company you didnt know.HeadlinesMarket for agricultural and forestry machinery grows 15% in 2013 due to increasing capacities of domestic and main import/export partner USA farms and consequently high farm incomes that encourage farmers to invest in agriculture machinery.G1Industry increasingly concentrated, with top 5 companies Buhler Industries Inc., John Deere Ltd., CNH Canada Ltd., Bourgault Industries Ltd., La Coop Purdel increasing their revenue Government gives loans and insurance incentivise farmers to buy new equipment or update old machinesGL2Domestic market grows slightly more than sales over 2013, mainly due to cost savings arising from adoption of innovative technologiesGL3Maybe a point about cutting government su bsidiesLoansSomething from production, like innovation trend or demand abroad for Canadien machinery ( I still didnt get why exactly is the Canadian machinery demanded)Industry set to see 3% turnover growth in 2014 due to accelerating mechanisation and adoption of precision farming in agriculture, coupled with strong USA demand for Canadian-made machineryMarket TrendsThe Canadas market for agricultural and forestry machinery was valued C$5.4 billion in 2013, up by astounding 15% from 2012. Year-on-year G4market growth was mainly attributed to the agriculture industry and its growing automation, while increasing application of innovative products such as precision farming equipment also had a positive impact. Farms sought to increase production capacity and capture the benefits of high revenue coming from high crop prices. G5Furthermore, major what? trends in Canada and other high-income countries included a reduction in the number but growth in the size of farmsG6, which fuelled dem and for sophisticated agricultural equipment.Farm size in Canada is growing similar to other high 0 income countries, which fuels demand for sophisticated agricultural machinery.The agriculture industry was main buyer of agricultural and forestry machinery in 2013, including both purchases for investment and business purposes. There were around 200 000 farms operating in Canada in 2013, with more than 51 million hectares of agricultural land classified as dependable agricultural land GL7. An excellent 2013 key grains such as and oilseeds harvest in Canada was a main contributor for strong which sector performance. Consequently, net farm incomes in 2013 were as high as in 2012 , fuelling investment in capacity expansion, which led to 12% growth of agriculture sector spending for investment and business purposes.High agriculture revenue and consequent spending on agricultural and forestry machinery was a result of several key factors. Primarily, favourable weather conditions , transla ted in record 2013 crop production and allowed farmers to capitalise on higher crop prices, which remained high till the end of the year. In addition to that, although the number of farms in Canada is steadily falling since 2006 (taking in to perspective from 2006 to 2011 it fell 10.3% or by 24 thousand farms), they are getting bigger, which resulted in economies of scale and capital concentration. This naturally allowed greater spending on state-of-the-art agricultural equipment, adoption of precision farming, the use of new technologies to optimize agricultural yields and reduce costs. Precision farming employs innovations such as global positioning systems for vehicle and row tracking that allow farmers to use previous yield information and soil resistivity data to minimise planting overlaps.G8Farm credit approved 47 046 new loans in 2012-13, with average size of loan approved rising to C$162.406, giving farmers incentive to acquire new equipment. GL9 However federal program paym ents, which include primarily payments made directly to agricultural sector? producers, were set to decrease from C$1.3 billion in 2012, to C$1.2 billion in 2013 and during the same 2 year period, provincial program payments were also set to decrease from C$ 1.6 to C$1.5 billionG10.In 2013 majority over 59% of domestic market demand was accounted for by foreign producers. Primarily from USA , which claimed 70% of all domestic market demand. G11Innovative technological advancements related to precision farming equipment, new advanced agriculture tractors and soil preparation machinery, backed by geographic proximity and NAFTA membership, allowed USA to remain Canadas most import partner in agricultural machinery. Meanwhile, second Canadas foreign supplier Germany, managed to increase its market share from 8% in 2012 to 9% in 2013. This can be attributed to record high farm incomes in Canada and farmers, who valued Germanys reputation as a producer of high-end agricultural machinery . This fostered demand for made-in-Germany machinery. G12Agricultural tractors were most demanded machinery in the market, accounting for 34% of the demand in 2013, increasing from C$1.6 billion in 2012 to C$1.8 billion by 10%, while harvesting and threshing machinery increased by 13% from C$1.3 to C$1.4 billion, which respectively accounted 26% of the demand in 2013. This increase of demand for the machinery can be explained by excellent 2012 year for farmers, who were able accumulate profit and bright expectations, that in 2013 grain production increase to 97 million tonnes, compared to 77 million tonnes, encourage farmers to plan ahead and to invest in new agricultural tractors, harvesting and threshing machine
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment