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On the Record

Farmer’s Viral Video Spotlights Ugliness of Challenging Times for Dealers

By Kim Schmidt posted on September 13, 2024 | Posted in Data & Forecasts
 In this episode of On the Record, brought to you by Benzi America, we follow up on Jake Lieb’s viral TikTok video about AHW LLC canceling his order. In the Technology Corner, Noah Newman visits with Sloan Implements salesperson Jason Seger on demoing the S7 combine with automation. Also in this episode, an update on the auction market, the latest WASDE report from USDA and the most likely products to see year-end buying.
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Sponsored Content: Trade Values & Trends

Combines Values Guide —Summer 2024

September 9, 2024 | Posted in Used Equipment Remarketing, Data & Forecasts
This month's equipment value guide highlights Combines from AGCO Gleaner, Case IH, CLAAS, Fendt, John Deere and New Holland. All of the Combines included in the selection are model year 2022-2023 units and appeared in the Summer 2024 IronGuides Issue. For more detailed values use IronGuides.com, an online appraisal tool for agricultural equipment that adjusts for your machine’s unique region, options and usage.
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DataPoint: U.S. No-Till Acreage History

By Kim Schmidt posted on August 26, 2024 | Posted in Data & Forecasts
This chart tracking the number of no-till acres in the U.S. shows a decline in acreage from 2021, the last time this history chart was updated, to 2022, the most recent USDA Census of Agriculture. The census reported 105.2 million no-till acres in the U.S. as of 2022.
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Claas' Eric Raby Discusses Changes Coming to North American Dealers

Claas Exec Outlook for 2025: ‘Wait and See’

By Kim Schmidt posted on August 25, 2024 | Posted in Data & Forecasts
In mid-August Farm Equipment Editor/Publisher Mike Lessiter sat down for a one-on-one interview with Claas Senior Vice President for the Americas Region Eric Raby. Raby says given the current headwinds the industry is facing, from interest rates to commodity prices and crop conditions, he has a “wait and see” outlook for the remainder of 2024 and into 2025.
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On the Record

More Layoffs Hit Ag Manufacturers

By Kim Schmidt posted on August 23, 2024 | Posted in Data & Forecasts
In this episode of On the Record, brought to you by Benzi America, Alamo Group recently announced it was closing its Gibson City, Ill., facility and laying off its staff. In the Technology Corner, Noah Newman shares the impact Ag Leaders Al Myers has had on the ag industry. Also in this episode, Claas’s Eric Raby shares his outlook for the rest of 2024 and 2025 and the impact Deere’s layoffs will have on its bottom line.
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On the Record

Two Rate Cuts Possibly by Year End

By Kim Schmidt posted on August 9, 2024 | Posted in Data & Forecasts
In this episode of On the Record, brought to you by Benzi America, Greg Roberg, vice president of sales for AgDirect, shares his expectations for potential rate cuts yet this year based on the FOMC’s comments in late July. In the Technology Corner, Noah Newman highlights the upcoming Precision Specialist Week. Also in this episode, one manufacturer who supplies a number of OEMs says “Ag is on the fastest roller coaster ride down in a quarter-century” and TractorZoom’s Andy Campbell provides an outlook on the used equipment market for the remainder of 2024.
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A&I Products

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.

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Yetter Farm Equipment

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.
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Machinery Scope

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.
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