While the current farm economy has many agriculture companies pulling back on investments, CLAAS is taking the opposite approach when it comes to its dealer network.
A slowdown in mergers and acquisitions across industries that started in 2022 has made private equity less profitable and reduced the amount of money firms return to investors.
Getting a handle on the current financial landscape of the farm equipment industry is critical for establishing meaningful benchmarks and insightful comparisons for any dealership.
Effective Jan. 1, 2024, Kubota Corporation will consolidate Kubota Manufacturing of America Corporation (KMA) and Kubota Industrial Equipment Corporation (KIE).
According to a May 28, 2021, report from Ag Equipment Intelligence, over roughly the last 6 months, John Deere has been giving some Deere dealers “unpublished financial incentives” to acquire Fendt tractors on trade-in.
The 2014/15 U.S. soybean crop is forecast at 103.8 million tons (3.82 million bushels)—13.6 percent above the previous record set in 2009/10—based on the outlook for record area harvested and yield.
There's little doubt that the generous Section 179 equipment expensing and bonus depreciation provisions helped boost U.S. farm equipment sales during the past several years.
Farmers and farm advocates joined representatives from agricultural companies and manufacturers as well as government officials and health and safety experts in a two-day meeting May 21-22 to form the National Tractor Safety Coalition (NTSC).
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.