Used Equipment Remarketing
Optimizing Your Used Combine Business Through Data-Tracking

Optimizing Your Used Combine Business Through Data-Tracking

Interest in used equipment is on the rise, but not particularly in used combines. According to results from Ag Equipment Intelligence’s August 2020 Dealer Sentiments report, a net 6% of dealers reported their used inventory “too low” in July, the first time it’s been “too low” since June 2012.

Farm Equipment News

  • Deere Reports Revenues Down 9% in FY20, Ag Sales Down 6%

    Deere & Company reported net income of $757 million for the fourth quarter ended Nov. 1, 2020, compared with net income of $722 million for the quarter ended Nov. 3, 2019. For fiscal 2020, net income attributable to Deere & Company was $2.8 billion, compared with $3.3 billion in 2019.
  • Raven Industries Reports 3Q20 Net Sales Down 3.9%

    Consolidated net sales for the third quarter of fiscal 2021 were $96.6 million, down 3.9% vs. the third quarter of fiscal 2020. Applied Technology and Aerostar achieved significant year-over-year growth, but this was offset by a decline in Engineered Films.
  • Titan Machinery Reports 3Q20 Ag Revenue Up 3.1%

    David Meyer, Titan Machinery's Chairman and chief executive officer, stated, "We exceeded our third quarter top-line expectations due to strong parts and service performance in our Agriculture segment and better than anticipated equipment sales in our Construction and International segments."
  • Yanmar Compact Equipment North America Selects New Commercial Director

    Tate Johnson will be responsible for channel development, sales and national accounts for Yanmar and ASV compact equipment in North America.
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Farm Equipment Resources

Our Dealer Story

[Podcast] Our Dealer Story: Titan Machinery

In this episode of the Farm Equipment podcast, “Our Dealer Story” brought to you by HBS Systems, brought to you by HBS Systems, we're joined by Dave Kanicki, who prior to retiring from Farm Equipment at the end of October, sat down to talk with David Meyer, CEO and chairman of Titan Machinery.

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HBS Systems

Farm Equpment's podcast series is brought to you by HBS Systems.

A trusted agriculture industry leader for 35 years, HBS Systems is constantly updating our cutting-edge equipment dealership software. Our powerful application offers fully integrated Inventory Management, Sales, Parts, Service, Rental, and Accounting features designed to streamline your entire business and maximize revenue.  Learn why your dealership should trust HBS Systems at www.hbssystems.com.

DMS 2020

ATTEND THE 2020 VIRTUAL DEALERSHIP MINDS SUMMIT

The most influential “Dealership Minds” in the industry will gather online August 3-5 for the 2020 Virtual Dealership Minds Summit.

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Farm Equipment Videos

Columns & Opinions

  • How Will Election Impact Industry Sentiment?

    In Ag Equipment Intelligence’s latest Dealer Sentiments & Business Conditions survey, a net 16% of dealers reported being more optimistic in September compared to August. Now that Election Day is upon us, that could swing the opposite direction depending on the results.
  • Casey_Seymour.png

    Ask the Expert: How the Washout Cycle Works with Key Reconditioning Points

    It’s that time of year again, the fourth quarter of the year. Auctions, year-end tax buying and equipment upgrades for next year are in full swing.
  • Ahead of the Curve: Report Outlines Likely Tire Industry Game Changers

    Today’s agricultural tires resemble their predecessors in that they are still round and mainly made of rubber. Maintaining a tread and staying inflated may have been enough for years, but modern tire design parameters accounting for soil compaction, improved traction, tread wear, sidewall strength at super-low inflation rates and, increasingly, environmental concerns have permanently changed the way farm equipment engages the soil.
  • A New Approach to Tech Recruitment?

    Over the last few years when we’ve focused on workforce development — particularly recruiting and training technicians — as a fair amount of focus has been on getting to kids at a younger age or to kids that don’t live on the farm to expose them to the opportunities that exist in agriculture. What if we met those kids where they are already engaged — video games.

Dealers on the Move: The Latest

Atlantic Tractor to Open New Location in Mechanicsville, Md.

Read More From This Series

Dealers on the Move is the latest news on dealer growth, including acquisitions, consolidations and new locations. It is brought to you by K•Coe Isom.

K•Coe Isom

Get ready for growth! Take a deep dive into financials, project ahead, benchmark against the industry, and get tools to make sound decisions that strengthen your operations and position your dealership for long-term success. Learn more...

Deere Historical Perspective Series

[Video] A Look Inside Deere & Co 's Archives

In this short video clip, Manager of History & Corporate Archives Neil Dahlstrom provides a walk-through of John Deere’s impressive archives, and investment it has made to preserve the history and keep it accessible for generations to come. Watch Now »

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Farm Equipment‘s Deere Historical Perspective series is brought to you by Osmundson.

Top Directory Listings

Cummins Performance Series: Performance has a name

Increase Fuel Efficiency & Save Money: A Farmer's Guide

During busy times, we know the last thing you want to worry about is your fuel bill. That’s why we’ve generated some helpful hints and tips to help boost fuel efficiency and save you money. Read More »

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This series is brought to you by Cummins.

Cummins

Since our first engine for agriculture was manufactured in 1919, Cummins has powered equipment for some of the world’s leading manufacturers. Around 1 million Cummins engines are in operation around the world in combine harvesters, tractors, sprayers and specialist autonomous equipment.

From 2.8 to 19 liters, Cummins engines are tailored for farm performance, helping you get the job done even in the most challenging environments. Our worldwide service network covers more than 190 countries across 6 continents – we’re there for you, wherever you are.

For more information visit cummins.com.

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Farm Innovations Review

Dealer Product Showcase

This month's featured products geared towards equipment dealers.

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Product Roundups

Top Store Items
How New Equipment Technologies are Reshaping Farming

How New Equipment Technologies are Reshaping Farming

For decades, farmers equated machine control with having two hands on the steering wheel, navigating their field on instinct and tradition. But the next generation of machine automation is imminent, offering the ag industry promising, yet unproven opportunities.
Brand Loyalty in the Farm Equipment Business (PDF)

Brand Loyalty in the Farm Equipment Business (PDF)

Every three years since 2011, Ag Equipment Intelligence editors have extensively surveyed farmers across 12 states encompassing the Corn Belt (Illinois, Indiana, Iowa, Ohio, Missouri), Lake States (Michigan, Minnesota, Wisconsin) and Northern Plains (Kansas, Nebraska, North Dakota, South Dakota) regions of the U.S. to gauge the level of loyalty they hold toward equipment. The culmination of a nearly a decade-long study, Ag Equipment Intelligence has now combined this extensive primary research into an insightful, comprehensive and unique dealership management report, Brand Loyalty in the Farm Equipment Business. 

2018 Big Dealer Report

2018 Big Dealer Report

Since 2009, the editors of Ag Equipment Intelligence in collaboration with the Machinery Advisors Consortium have compiled the annual "Big Dealer" Report to provide the ag equipment industry with a thorough, by-the-numbers analysis into the shifts in dealer ownership, along with insight into the implications these shifts have on the industry. It's the most detailed source of information on ownership changes and consolidation trends of North America's largest farm equipment dealers.

 

 

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