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Ag Equipment Intelligence

Don’t Bet the Farm on USDA’s Initial Farm Profits Outlook for 2018

By Dave Kanicki posted on February 23, 2018 | Posted in Data & Forecasts
Earlier this month — Feb. 7 to be exact — USDA issued its farm sector profits forecast for 2018. The ag agency’s most recent outlook calls for further declines in net farm income and net cash farm income for the year ahead. But researchers at the University of Illinois Agricultural and Consumer Economics, say that, if past history holds true, the initial forecast is probably somewhat lower than what we’ll see next year at this time.
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Ag Equipment Intelligence

Dealer Inventory Levels, Used Pricing Continues to Stabilize

February 11, 2018 | Posted in Data & Forecasts
While more optimistic than they were a year ago, North American farm equipment dealers continue to acknowledge that booming machinery sales in 2018 probably isn’t in the offing. But the fact that their wholegoods inventory levels have improved significantly from a year ago is creating a more level playing field in which to operate.
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Dealer Operations Report

Rising Expenses are Eroding Dealer Profits

Declining equipment sales coupled with increasing expenses is keeping the pressure on dealers’ bottom line.
By Dave Kanicki posted on February 10, 2018 | Posted in Best Practices, Data & Forecasts, Operations & Finance
While the financial and operational performance of North American farm equipment dealers showed some improvement last year, several warning flags also popped up indicating ag machinery retailers need to sharpen their pencils and attention to finances.
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Dealership Operations Report

February 10, 2018 | Posted in Best Practices, Data & Forecasts, Operations & Finance
While manufacturers and industry analysts have noted in recent months that the farm equipment industry has entered a replacement cycle, equipment sales alone don’t tell the full story of a farm equipment dealership’s health and profitability. Expenses, inventory management, marketing and other aspects of the business all factor into a dealership’s success.
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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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