Manufacturer & Dealer Issues

Detailed Agenda, Speaker Lineup & Special Session Released for 2017 Precision Farming Dealer Summit

Precision Farming Dealer has announced the agenda, speakers and presentation lineup for its second Precision Farming Dealer Summit. With the theme of “Proven Business Blueprints,” the 2017 dealer-only event will feature some of the most progressive minds in the precision farming business, sharing bankable management methods and money-making strategies to maximize profitability in today’s market. 
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Kanicki
From the Desk of Dave Kanicki

Are Ag Mergers & Acquisitions Really Bad for the Industry?

For some folk, it’s automatic — any and all industry mergers and/or significant acquisitions are bad, anti-competitive, designed to squeeze out smaller competitors and must be stopped at all costs. At least they must be closely scrutinized to determine who might be harmed and how much damage might such a transaction cause.
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Kanicki
From the Desk of Dave Kanicki

Are You ‘Comfortable That It’s Bad?’

One of the more interesting comments I’ve read from an outsider looking into the current ag equipment environment came from an Aug. 17 report that quotes Karen Ubelhart, an analyst at Bloomberg Intelligence in New York. In assessing the current sales slump and the ongoing backlog of used farm machinery, Ubelhart said, “People are comfortable that it’s bad and that it will take a while. It’s not great, but they’re not bleeding. It’s just not getting better.”
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USDA Announces $26 Million Investment to Spur Agricultural Innovation

Matching contributions by public and private partners bring total investment to $59 million for 45 projects to address water quality and other conservation concerns.
Agriculture Secretary Tom Vilsack today announced the investment of $26.6 million by the U.S. Department of Agriculture (USDA) into 45 projects that will spur innovative conservation initiatives on both rural and urban farms across the country.
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Ritchie Bros. to Acquire IronPlanet; Form Strategic Alliance with Caterpillar

Two auction giants working together to provide more ways to buy, sell and list equipment.
Aug. 29, 2016 was a big day in the history of the auction business. On this day, two equipment auction powerhouses, Ritchie Bros. and IronPlanet, entered into an agreement that will see them combine to provide their customers with more ways to buy and sell equipment, trucks and more.
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