On average, feed expenses account for over 60% of all livestock operations’ production costs. A variety of factors impact the feeding process, and controlling these costs is top of mind for producers. How can OEMs increase the value of their feed equipment while reducing the farmer’s feed expenses?
In this week's podcast we look at how dealers' sales outlook for 2018 compares to that of the OEMs, cyber-based security threats to precision farming and an increase in non-real estate farm loans. In addition, we look into the University of Missouri's Food and Agricultural Policy Research Institute's forecast for net farm income in 2018 and 2019, North American ag equipment sales through the first three quarters of 2018 and an improvement in irrigation equipment sales for Lindsay.
Prior to joining Hemisphere, Mr. Farrar’s executive leadership positions included vice president of sales for AgJunction, a designer and manufacturer of precision agriculture hardware and software solutions.
This week the innovative AgDNA Farm Management Software (FMS) company announced adding authorized precision dealership locations to its expanding network.
The U.S. farm machinery industry is closely monitored by Wall Street, resulting in a vast array
of information on the industry and where it is headed. We know Wall Street’s perceptions of
the industry counts. Like it or not, Wall Street influences decisions in Moline, Ill., Racine,
Wis., and Duluth, Ga., that ultimately impact your business as dealers as well.
Several weeks ago, now, I had a conversation with a research analyst at an investment banking advisory firm who was looking for some perspective on the current and future prospects of the precision farming industry.
Titan International Inc., a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today reported results for the second quarter ended June 30, 2017.
Don Camp, Jr. is the president of Western Power Products, one of the three businesses owned and operated by the Camp brothers. In addition to Western Power Products, these include farming operations, which is overseen by Edwin Camp, and Kern Machinery, the John Deere dealership group, run by Clayton Camp.
After several years of rising row crop prices, a perfect storm of high crop production (in excess of demand), a sharp correction in grain values and contracting farmer margins in mid-2014 has resulted in declining sales of agricultural equipment sales. This trend is expected to continue through 2017, according to Rabobank's recent report, 'Contraction Today, Consolidation Tomorrow?"
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take a look at CNH Industrial’s goals for growing its precision business by 2030.
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.
GROW.MORE.PRECISELY. We are dedicated to creating innovative agricultural practices that help growers boost crop production and improve sustainability. With cutting-edge hardware, powerful software and truly unbeatable support, we take pride in creating and delivering solutions that empower farmers around the world.