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From the Desk of Dave Kanicki

Getting a Point of Reference

By Dave Kanicki posted on March 28, 2014 | Posted in Data & Forecasts
Source: Farm Equipment
Following a presentation I made to Indiana and Kentucky dealers in Louisville several weeks ago, I was asked by a dealer attending the session how much confidence did I have in monthly reports from the U.S. Dept. of Agriculture.
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Dealer Business Outlook & Trends 2014

By Dave Kanicki posted on October 1, 2013 | Posted in Data & Forecasts
In the face of volatile grain prices, uncertainty about depreciation rules, skepticism about a new farm bill and a lot of talk about farm equipment sales peaking, North American farm equipment dealers continue to see good potential for solid sales in 2014.
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The Farm Sector's Financial Health Continues to Strengthen

September 6, 2013 | Posted in Data & Forecasts
Debt-to-asset and debt-to-equity ratios are traditional measures of the farm business sectors financial solvency. Based on forecasts of the value of farm business assets and debt, the sectors debt-to-asset ratio is expected to decline from an estimated 10.7 percent at the end of 2012 to 10.2 percent by the end of 2013.
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Forecast & Trends

Dealers' Outlook Remains Strong for 2013

June 10, 2013 | Posted in Data & Forecasts
North American farm equipment dealers are maintaining a strong positive outlook for the remainder of this year, according to the latest Dealer Sentiments & Business Conditions Update survey. Overall, the dealers' 2013 industry outlook improved to 5% in April, up from 3% forecast in the previous month.
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Titan Machinery Raises Outlook for Fiscal 2013

December 6, 2012 | Posted in Data & Forecasts
Titan Machinery, North America's largest dealer network for farm equipment, this morning reported its revenue increased 37.6% to $582.1 million for the third quarter of fiscal 2013 from revenue of $423 million in the third quarter last year, also raised its outlook for the remainder of the year.
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