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From the Desk of Dave Kanicki

Did We Experience an 'Ag Equipment Bubble?'

By Dave Kanicki posted on June 29, 2015 | Posted in Dealer News
According to estimates produced by VDMA, worldwide sales of farm machinery are expected to fall by about 10% in 2015. If this is as bad as it gets, a lot of North American farm equipment dealers and manufacturers will not only be happy, but surprised.
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Ag Equipment Intelligence

Midwest Farm Lending Up, But Not Much for Equipment

By Dave Kanicki posted on May 22, 2015 | Posted in Manufacturer News
Loan volumes for almost all farming purposes rose at commercial banks, as many producers contended with tighter profit margins, according to the April 2015 edition of the Agricultural Finance Databook from the Federal Reserve Bank of Kansas City. Agricultural lending continued to grow in the first quarter of 2015, but the smallest percentage of overall loans were for farm machinery and equipment, which showed little or no increase vs. a year ago.
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Forecasts & Trends

Deere Expects to Remain Profitable Despite Slumping Ag Sales

By Dave Kanicki posted on May 22, 2015 | Posted in Data & Forecasts
Despite a less-than rosy outlook for ag for the remainder of 2015, Deere & Co. expects to remain solidly profitable for the year. Its outlook calls for net income of $1.9 billion for fiscal 2015, up from its previous guidance of $1.8 billion. The company is projecting a continued recovery in its construction equipment business as well as “adept execution” of its operating plans.
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Kanicki
From the Desk of Dave Kanicki

Argue Ideas, Not Personalities

By Dave Kanicki posted on April 13, 2015 | Posted in Dealer News
Sometimes you just need to step back and re-examine some things. In this case, we’re taking a closer look at what reader responses we approve for posting on the Farm Equipment website.
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Kanicki to Speak at OMEDA 2014 Convention

October 18, 2013 | Posted in Best Practices
Kanicki will discuss the farm economy in 2014, significant shifts in North American dealerships and longer-term trends in the industry based on data gathered from dealers in Farm Equipment's Annual Dealer Business Outlook & Trends? survey.
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From the Desk of Dave Kanicki

New Changes Coming to Farm Equipment Dealerships

By Dave Kanicki posted on August 30, 2013 | Posted in Dealers on the Move
We all have a tendency to ignore things that are happening elsewhere because they aren't happening right in our back yard. Well, maybe dealers should start paying more attention because what's happening elsewhere like in other states could easily end up in their own back yard.
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Farm Equipment's Dave Kanicki Earns Award for Editor's Column

August 14, 2013 | Posted in Best Practices
Dave Kanicki, Executive Editor, Farm Equipment magazine, was recognized from the Trade Association Business Publications International (TABPI) for excellence as an editorial columnist. Kanicki's "To the Point" column, A Difference of Opinion, was recognized among the top three editor's columns in the group's 2013 Tabbie program, which included more than 500 entries from 9 countries.
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From the Desk of Mike Lessiter

Recalling the Past

October 29, 2012
Much to my wifes dismay, I'm about to hit the road again tomorrow after only a couple nights back home. (OK, to be honest, the only problem is the fact that last weeks bag is still on the floor while I'm packing up another one.)
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Earning the Respect of Your Employees

April 17, 2012

I've repeated this time and again, but I'm going to say it one more time: the favorite part of my job is talking with farm equipment dealers. The dealers I've visited with during the first part of this year from California to Canada and Montana to Iowa have only reinforced why I'm enjoying this job as much or more than the other three I've held since graduating from college nearly 40 years ago and I've liked each one of them very much.


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Big Dealer Consolidation Continues in 2024

Big Dealer Consolidation Continues in 2024

In this episode of On the Record, brought to you by Weasler Engineering, we break down the key takeaways from Ag Equipment Intelligence's newly released 2024 Big Dealer Report. In the Technology Corner, Noah Newman shows us how cover crop planting could be done autonomously. Also in this episode, CNH Industrial reports a drop in ag sales, AGCO combine and application equipment sales are down year-over-year and a UK New Holland factory strike could impact North America.

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Finance Scope is able to provide the best financing opportunities for equipment dealers and customers through a diverse mix of lending companies under one single platform. Our large group of lenders, allows for competitive rates regardless of credit scores. Additionally, dealers and customers have access to the industry’s best expertise surrounding finance and lease structures, for all purposes, within the agricultural and construction industries. We provide all of this into one online platform to provide our customers with the best available tailored finance solution for their equipment.
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