On Thursday, Dec. 14, 2017, Judge Daniel Hovland, U.S. District Court for the District of North Dakota, granted the Assn. of Equipment Manufacturers’ (AEM) request for Preliminary Injunctive relief, which restricts the application of SB 2289 until the case can be fully litigated.
In this podcast, we discuss Deere’s suggestion that we’ve turned the corner on the current ag equipment downturn, artificial intelligence in ag, what the Tax Cuts and Jobs Act means for farm equipment dealers, Titan Machinery’s outlook for fiscal year 2018 and a drop in producer sentiment.
Through this acquisition, AgriVision Equipment will add 5 locations in Doon, Ireton, Lawton, Le Mars and Paullina, Iowa, to its 10 existing locations serving Southwest Iowa, Southeast Nebraska and Northwest Missouri.
In this podcast, we discuss a quick update on the North Dakota dealer protection law, whether or not we’re currently at the bottom of the trough in the ag economy cycle, a new joint venture among 4 agribusinesses, and the latest earnings reports from Cervus Equipment, John Deere and Buhler Industries.
Net income attributable to Deere & Co. was $641.8 million, or $1.97 per share, for the third quarter ended July 30, 2017, compared with $488.8 million, or $1.55 per share, for the quarter ended July 31, 2016.
If you were to read through any of the major farm equipment manufacturers annual reports (also referred to as Form 10-K by the SEC), each of them refers to the businesses that sell their products as “independent dealers.” This would imply that those dealers are free to operate their businesses as they see fit. We all know this isn’t anywhere close to what’s actually taking place in the real world of the farm equipment business.
Deere & Co. announced that it has signed an agreement to cooperate with Vaderstad to sell its products through John Deere’s distribution channels in Russia and Ukraine.
In this podcast, we discuss improving farmer sentiment, results of Strip-Till Farmers 4th Annual Strip-Till Operation Benchmark Study, Deere & Co.’s new alliance with German manufacturer Kramer, how some OEMs are relying more on their suppliers for dealer product training and the latest dealers’ improving sales forecast for 2017.
Deere & Co., best known for its dominance in farm equipment industry, made a big and unexpected move on June 1 when it announced it would be expanding the reach of its Construction & Forestry division by acquiring the German construction equipment maker Wirtgen Group. Most industry analysts covering the heavy equipment market agree that the acquisition represented a major strategic acquisition that will strengthen the company’s equipment operations on several fronts.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at President Trump's tariff reduction on ag equipment, the latest dealer sales forecasts, and how high input costs are keeping farmer sentiment down.
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.
At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.