There was a large absolute dealer auction held on Aug. 8, 2017, in north central Illinois. It’s always fascinating to compare wholesale auction sale prices from dealer/consignment/online auctions vs. traditional farm auctions.
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.
Redline Equipment is acquiring the Case IH store locations in Indiana of Koenig Equipment. Koenig Equipment was one of the very few dealership groups that owned and operated both John Deere and Case IH dealerships.
On July 26, AGCO announced it had agreed to acquire Precision Planting from The Climate Corp., a subsidiary of Monsanto. We polled Farm-Equipment.com visitors on how they thought Case IH would react to the sale.
Last year, we worked with the Equipment Dealers Assn. (EDA) to share the results of its Dealer-Manufacturer Relations Survey with our 14,000-plus print subscribers of Farm Equipment, a report that we’re in the middle of right now for the 2017 edition.
Rocky Mountain Dealerships (RME) and Cervus Equipment (CERV), two of Canada’s largest farm equipment dealership groups, issued first quarter earnings reports in the past week showing improved sales levels.
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.
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.
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