2018 NDIDA Convention
Date: 11/12/18
Location: Bismarck, ND
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The September 2018 World Agricultural Supply and Demand Estimates (WASDE) report released on Sept. 12 pushed corn prices down lower with futures down more than 3.5%. According to Farm Futures, larger-than-expected yield estimates and other bearish data pushed futures down nearly 4%. September futures dropped 13.75 cents to $3.4150, while December futures fell 14.25 cents to $3.5250. These conditions make temporary grain storage, like bagging grain, a good option for farmers.
Must Read Free Eguides
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- Cornerstones of Success
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- The Washout Cycle: A Used Equipment Manager’s Crystal Ball
- Elite Dealers Shed Light on Mystery of Marketing
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Farm Equipment Resources
Used Equipment Remarketing Roadmaps
Find the Second and Third Buyers in a Shrinking Market
During the Dealership Minds Summit in Iowa City, Casey Seymour of 21st Century Equipment and Moving Iron LLC sat down with by Adam Verner of Elite Ag, a shortline dealer in Leesburg, Ga. to discuss used equipment and the chopper market
Farm Equipment's "Used Equipment Remarketing Roadmaps" podcast series is brought to you by Iron Solutions.
At Iron Solutions, we provide used equipment valuations, market intelligence and a suite of integrated, cloud-based business systems custom-tailored for the equipment industry. Our proprietary model is built on actual dealer sales transaction data.
Events
Precision Farming Dealer Summit
2019 PRECISION FARMING DEALER SUMMIT REGISTRATION IS OPEN!
Centered on the theme of "Building Business Value With Recurring Revenue," the 2019 Precision Farming Dealer Summit is a 2-day DEALERS ONLY networking and idea sharing event that is 100% focused on equipping your company to run a more profitable precision farming business.
Current Issue
Special Report: The Marketing Issue
Improved 2018 Sales Sets the Tone for 2019 Outlook
Is it Time to Grow Your Sales Team?
Product Innovations & Introductions
- PTO Link Quick Connect System
- HORSCH Enters the Single Disc Seeder Market in North America
- How Gregg Sauder Built 360 Yield Center 1 Step at a Time
- [Video] Discussing the New Rubin 10 from LEMKEN at the World Dairy Expo
- [Video] New Tire Offerings From Trelleborg Following Mitas Acquisition
Farm Equipment Videos
Looking Forward to 50 More Years of Success with H&S Manufacturing
Celebrating their 50 year anniversary at the World Dairy Expo, Ron Zygarlicke, Product Manager for H&S Manufacturing recounts how the company is commemorating this milestone, new product offerings and a glimpse into the future of the company.
New Tire Offerings From Trelleborg Following Mitas Acquisition
Following their acquisition of Mitas, Trelleborg's OEM Account Manager Kevin Lock shares how they've expanded their tire offerings which it showcased at the World Dairy Expo in Madison, Wis.
Discussing the New Rubin 10 from LEMKEN at the World Dairy Expo
At the World Dairy Expo in Madison Wis., Area Sales manager Jay Halbert shares how LEMKEN's new Rubin 10 has been compared to their previous models and how their customers feel about the new innovations and developments.
New Developments with a New COO at TRIBINE Harvester
New TRIBINE COO, James Shurts, provides an update on the TRIBINE T1000 making the leap from R&D to production with first machines placed and orders being taken for additional machines. With TRIBINE’s advanced design, the TRIBINE T1000 can unload a full load of grain in 2 minutes filling a semi truck and eliminating the need for a tractor, grain cart and operator.
Industry Insider
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Why Leaders Struggle with Accountability
Most leaders want to create an accountable culture, yet struggle with the process. The question becomes, “How can we create a culture of accountability while at the same time promote open communication, and engagement?” -
How Managers Can Help Employees Avoid Burnout
One of the biggest dangers to you and your team is burnout, and organizations are facing an employee burnout crisis, according to research by Gallup. Twenty-three percent of employees reporting feeling burned out at work “often or always,” while another 44% reported feeling burned out “sometimes,” the study finds. -
9 Accounting Tasks You Should do Every Day
As your receipts, sales orders, bills and financial statements pile up, you're missing out on the insights that up-to-date accounting gives you about the financial health of your business. -
Titan Machinery Posts Solid Sales Gains; Emphasizes Operational Improvements
Titan Machinery reported its second quarter equipment sales were up nearly 15% vs. the same period last year with revenue from ag equipment up over 10%. Overall revenue increased by 11.5%. Gross profit was up by 11.6% and gross profit margin remained steady at 19.6%.
Columns & Opinions
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September 2018 Tractor & Combine Analysis
The limited cash available to farmers and ranchers in the U.S. will continue to put a dampener on the equipment markets in 2018 and 2019. The expanded depreciation programs that appeared in 2010 and reached its zenith in 2014 had the effect of pulling ahead purchases from future years. We are now enduring the results of that program. -
Balancing High Performance & Family Culture
Shaping the culture of a dealership is a complicated thing. Anyone who's ever tried to lead an organization after a major transition or change knows this. The culture of your dealership is at the heart of what can drive you to be successful, mediocre or out of business. -
Boots & Spades Needed, Not Gigabytes
This summer, my dad (Frank), Darren Foster and I tagged along with the first group of VIP dealers and customers that converged on Downs, Ill., for a look at Horsch’s brand new Ag Vision Farm, which was purchased earlier this year from Beck’s Hybrids. -
Try Harder, Be the Difference & Work Toward Common Goals
Early on in my days on the Farm Equipment staff, the editorial and art departments were huddled around a board of potential covers for the magazine. The details of what happened next are a little fuzzy, but are now office lore.
Dealers on the Move: The Latest
East Coast Equipment, Quality Equipment Merge Into 27-Location Dealer Group
Dealers on the Move is the latest news on dealer growth, including acquisitions, consolidations and new locations. It is brought to you by Adpearance.
To build an online presence and increase sales, you need a marketing expert that understands equipment. As a Premier Google Partner with 10+ years of industry experience, Adpearance is the digital marketing partner you need. Call us to learn how Adpearance can grow your business and claim your $500 credit.
Sponsored Content
The Success in Shortline Machinery series highlights the best practice strategies employed by top farm equipment dealers to promote and sell shortline equipment. It is brought to you courtesy of Art’s Way Manufacturing.
Canadian Shortline Manufacturing Industry Advances Farming Innovation
If you’re frustrated that the big names in equipment manufacturing aren’t rolling out autonomous systems quickly enough, you may want to look a little closer to home. Read More
Also in this series:
Art’s Way Manufacturing is a proud Iowa manufacturer of specialized ag equipment including grinder mixers, hay/forage equipment, bale processors, manure spreaders, and land engaging products. Built on a 60 year tradition of quality, we have recently implemented our Continuous Improvement program. If you are seeking to grow in 2018 with Art’s Way’s quality products and service, please contact our Customer Service Center for your area representative at 712.864.3131 ext. 1 or via email at marketing@artsway-mfg.com.
Top Directory Listings
Yetter Farm Equipment
Built on 88 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
Montag Mfg
At Montag Mfg., we specialize in fertilizer equipment. Our complete fertilizer application system will help you start reaping the benefits of deep band fertilizer.
Machinery Scope
Machinery Scope offers premier risk management tools for farm equipment. We provide timely, personalized, and flexible solutions to protect more farm equipment investments than anyone in the industry. We add value and peace of mind when you are buying, selling, or managing your farm equipment by offering extended warranty plans.
Ask the Expert: Remarketing Used Equipment
Ask the Expert: Filling the Used Equipment Manager Position
Our expert Casey Seymour discusses what makes for a good Used Equipment Manager in this latest installment of the “Ask the Expert: Remarketing Used Equipment” series.
This blog by industry expert Casey Seymour is part of the Ask the Expert: Remarketing Used Equipment series, sponsored by Iron Solutions.
At Iron Solutions, we provide used equipment valuations, market intelligence and a suite of integrated, cloud-based business systems custom-tailored for the equipment industry. Our proprietary model is built on actual dealer sales transaction data. Learn more…
Sponsored Content
Cummins Performance Series
Cummins engines power agricultural equipment from some of the world's finest manufacturers. For over 60 years, Cummins has been at the forefront of the industry, delivering the most durable and dependable powertrain solutions from 60 hp to more than 800 hp. From irrigation systems and sprayers to combines, harvesters and more, there's a Cummins engine perfectly suited to help you get the job done, even in the most challenging environments. Visit cumminsengines.com or tweet us @cumminsengines for more information.
Product Roundups
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Residue Management Product Spotlight 2018
Check out the latest residue management products from one of the industry's leading suppliers. -
Feed Mixers Product Roundup 2018
Check out the latest feed mixers from one of the industry's leading suppliers. -
Vertical-Tillage Product Roundup 2018
Check out the latest vertical-tillage products from some of the industry's leading suppliers.
Top Store Items
Big Shortline Report: A Listing of Specialty Ag Equipment Manufacturers (PDF)
This first-of-its-kind report, "The Big Shortline Report: A Listing of Specialty Ag Equipment Manufacturers" is the result of an exhaustive 2-year project by Ag Equipment Intelligence editors to aggregate the key business metrics of more than 120 shortline equipment manufacturers throughout the U.S.
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)
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
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.