We’ve all read enough about how dealing with the Millennial generation is vastly different than that of the Baby Boomers and subsequent generations of consumers. So far, most of the talk has centered on managing Millennial employees, but farm equipment dealers need to ready themselves for this new breed of customer, as well, because, as we all know, farmers aren’t getting any younger.
CNH Industrial expects replacement buying will give its ag business a boost next year. The company also reiterated that it’s not looking to off load its construction equipment segment any time soon.
The rollout of their autonomous tractors at the 2016 Farm Progress Show in Boone, Iowa, garnered Case IH and New Holland a lot of attention for several weeks. The Case IH version is a cabless vehicle utilizing the brand’s Magnum tractor platform. New Holland’s model called the T8 NHDrive, is outfitted with a cab, but is fully autonomous.
Like the rest of the industry, including dealers and manufacturers of ag equipment and consumable products, U.S. farms are also consolidating and getting larger. For example, according to USDA, Farms with over $1 million in gross cash farm income (GCFI) accounted for half of the value of U.S. farm production in 2015, up from about one-third in 1991.
It’s not getting any easier for farmers to borrow funds for ongoing operations, let alone ag equipment. Farm lenders are taking a much closer look at crop producers’ loan status as concerns about repayment are starting to grow.
Reduced spending resulted in improved profitability for no-till farmers in 2016, according to the 9th Annual (2017) No-Till Farmer No-Till Practices Survey. No-Till Farmer is a sister publication of Ag Equipment Intelligence.
Farm equipment dealers who cater to row-crop operations with large ag machinery and implements have been particularly affected by the downturn in the ag economy. And the beat down goes on.
Ag producers’ confidence surged during January. That’s according to the latest reading of the Ag Economy Barometer, which is compiled by Purdue University and the Center for Commercial Agriculture.
At the 2026 Farm Progress Show, Franklin Peitz, Digital Product Marketing Lead with John Deere Operations Center reassures growers that they have the right to their own data.
Since 1980, A&I Products has become a leading manufacturer and wholesale distributor of aftermarket replacement parts for the agricultural, turf, and industrial equipment markets. A&I Products' experience and expertise has greatly contributed to the company's reputation as a top supplier of quality, reasonably priced parts. Founded with roots as a small machine shop and repair facility, the company made the transition by manufacturing new parts to replace those that were identified as commonly needing repair. Throughout the 1980s, the company quickly garnered a reputation for offering quality parts at a reasonable price.
Built on 90 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.
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