Click here if you'd like to take the December 2025 News IQ quiz before viewing the answers below.
Q: During a dealer panel at the Farm Equipment Manufacturers Assn.’s Fall Convention, B&G Equipment president Tim Brannon commented on one Kentucky-based dealership group that has $300k-$400k worth of used equipment inventory. How much per day did he estimate the dealership is paying in interest per store?
A: $1,000.
Q: 2-store New Holland dealer Agri-Centre was recently acquired by what large dealership group?
Q: Commenting on Titan Machinery’s 3Q earnings report, Baird analyst Mig Dobre noted the dealership group’s destocking progress and said its inventory reduction was “notable.” How much is Titan’s total inventory down year-over-year?
A: 28.5%.
Q: Amazone announced it opened a new ag facility in El Dorado, Kan. The company has been represented in the North American market since the 1970s, but in what year was Amazone USA established in Delaware?
A: 2021.
Q: Deere & Co. reported net sales for its Small Ag & Turf segment of $2.46 billion for the fourth quarter. How did that compare to the same period of last year?
A: Up 7%.
Q: The 2 most popular pieces of content on Farm-Equipment.com in November had a common theme. What topic did they both cover?
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Basic Software Systems was established in 1979. The concept of Basic Software Systems derived from a vision of serving a large industry that was expanding rapidly yet lacking computerization. A local Ford Tractor dealership invited us to write a Dealership Management System Solution customized for their specific needs. The newly integrated features of the software brought about a complete transformation for the dealership.