Canada’s two largest farm equipment dealers, Rocky Mountain Dealerships and Cervus Equipment reported their third quarter earnings this month and both posted strong sales for the 3 month period and for the first 9 months of 2017.
While Sergio Marchionne, chairman of CNH Industrial, which makes Case IH and New Holland farm equipment, has changed his mind on the future of electric vehicles, other farm equipment manufacturers are pushing ahead with the development of battery powered equipment.
Three weeks ago we ran down many of the positive comments we were getting through our monthly Dealer Sentiments & Business Conditions Update survey. I’m happy to report nothing much has changed in the most recent Dealer Sentiments survey just completed last week.
We’ve been reporting during the last few months that there were signs popping up in various places that suggest that business levels are improving for North American dealers. Many of these came from our own dealer surveys during the past year.
Buhler Industries has come a long way since being acquired by Russian manufacturer Combine Factory Rostselmash Ltd. in 2007. It established early on that its intent was to become a full line manufacturer of farm machinery. Today, the company offers an extensive line of farm equipment, including Versatile, Allied and Farm King-branded machines.
While Harvey and Katrina are different disasters, we’re looking into what last week’s storm may mean for replacement of destroyed equipment and the tractors and loaders that will be needed for cleanup activities.
No one at Chauvin Bros., Belle Chasse, La. will ever forget Hurricane Katrina. Many simply call it “The Storm.” Their term for the devastation is “The Mess.”
While farm cash receipts is a good indicator of farmers’ ability to invest in new ag machinery, it’s usually net farm income that tells them to pull the trigger on equipment and other capital purchases.
Traditionally, farmers are known to be dogged loyal to certain products and this has been particularly true when it comes to their brand of equipment. While dealers and others in the ag equipment business might insist that brand loyalty has greatly diminished in recent years, this isn’t what farmers say.
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.