Deere’s Production and Precision Ag segment saw net sales for the quarter drop 38% vs. the same period last year. Operating profit for the segment was down 64% for the quarter to $657 million vs. $1.8 billion in fiscal year 2023.
Verdant Robotics showed off its new Sharpshooter at the FIRA Conference a few weeks ago. Dubbed the only robotic precision application system that aims before it shoots, Sharpshooter uses Bullseye Aim & Apply Technology.
Coming off a year where dealers had to battle lower commodity prices, increasing costs for equipment and inputs, the uncertainty of an election year and high new and used equipment inventory, the outlook for 2025 revenues skews negative with the lowest percentage of dealers forecasting new equipment revenue growth seen in over a decade.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.
According to the 2024 Dealer Business Outlook & Trends Report, 49.4% of dealers are forecasting their service revenue will increase at least 2% in 2024 vs. 2023.
There was plenty of technology on display at the World Dairy Expo in Madison, Wis., a few weeks ago. Farm Equipment editor Mike Lessiter caught up with Monarch Tractor’s John Issacson and got his take on the top 5 applications in autonomy right now.
Continuing with the autonomy theme, the topic came up during a technology panel at the Farm Equipment Manufacturers Association Fall Convention in Dallas.
There was plenty of technology on display at the World Dairy Expo in Madison, Wis., a few weeks ago. Farm Equipment editor Mike Lessiter caught up with Monarch Tractor’s John Issacson and got his take on the top 5 applications in autonomy right now.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at how the latest round of interest rate cuts will impact dealers’ floorplan payments.
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.