Top Five Agricultural Lenders Account for 83.6% of October Total

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Statistical data for the agricultural equipment market provided by EDA showed the top 20 lenders in the segment, in the aggregate, filed financing statements covering a total of 8,707 new agriculture related filings during the month of October 2017.

The top five lenders, in units, included:

  • Kubota (2,815)
  • John Deere (2,396)
  • Mahindra Finance (790)
  • CNH Industrial Capital (727)
  • DLL (553)

The top five accounted for 83.6% of the total, or 7,281 units. The top lender, Kubota, accounted for a 32.3% share of the total.

The top five agricultural equipment buyers included:

  • Yu An Farms, Elkton, FL
  • Calagri, Hermiston, OR
  • Rio Grande Valley Sugar Growers, Santa Rosa, TX
  • Petersen Farms, Gran Island, NE
  • Walsh Vineyards Management, Napa, CA

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Terry Mulreany
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Susie Angelucci
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