Click here if you'd like to take the February 2026 News IQ quiz before viewing the answers below.
Q: While CNH reported its Q4 revenues were up, the OEM reported its full year 2025 revenues were down year-over-year. By how much did revenues decline?
A: 9%.
Q: During the 2026 National Farm Machinery Show in Louisville earlier this month, what company announced its entrance into the strip-till space?
A: Landoll.
Q: On Feb. 10, Johnson Tractor announced it was acquiring Farmers’ Implement, effective June 1. The acquisition adds two locations in what Wisconsin cities?
Q: According to Art’s Way Q4 earnings report, released on Feb. 4, what was the year-over-year change reported for agricultural products for fiscal 2025?
A: –13.1%.
Q: Which of the following dealers was part of the 2026 Class of inductees to Farm Equipment’s Dealer Hall of Fame?
Q: Canadian farmer David Benjamin converted all of his equipment from John Deere to shortlines over the course of 4 years. What dealer did he work with on the purchases?
A: Noble Equipment.
Farm Equipment News IQ is brought to you by Basic Software Systems.
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.

