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Precision Farming Dealer 2022 Benchmark Study

Precision Revenue Outlook Remains Positive Despite Slight Decline in 2022

10th annual Precision Farming Dealer benchmark study reveals nearly 60% of dealers forecast precision sales to be up at least 2% in 2023.
By Noah Newman posted on February 7, 2023 | Posted in Data & Forecasts, Precision Ag Sales & Service
Precision farming revenue numbers reached new heights for some dealers in 2022 despite an overall decline in growth, and the outlook for 2023 remains mostly positive according to the 10th annual Precision Farming Dealer benchmark study.
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11th Annual Precision Awards Program Honors Top North American Dealer

LandPro Equipment is Precision Farming Dealer’s Most Valuable Dealership for 2023.
By Noah Newman posted on February 6, 2023 | Posted in Best Practices, Precision Ag Sales & Service, Niche Equipment Markets
The 2023 recipient of Precision Farming Dealer’s 11th annual Most Valuable Dealership is LandPro Equipment, founded in 2017 with 20 locations across western New York, eastern Ohio and northwest and central Pennsylvania.
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Digital Innovation Hubs Incubate European Ag Robotics Culture

European Union financial backing and collaboration building a strong scaffolding for a growing European agricultural robotics ecosystem.
By Martha Mintz posted on January 5, 2023 | Posted in Precision Ag Sales & Service, Product Innovations & Introductions

Ag-focused Digital Innovation Hubs are just one way Europe is positioning to become a center of agricultural robotic technology. European Union funded projects, such as agROBOfood — a robust consortium of research entities and businesses — are creating collaborative spaces and providing capital to help technology developers apply robotics to the unique challenges of automating agriculture. 


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Looking Back to Look Forward: Predictions on Autonomy from 2011

This 2011 article, A Report From 25 Years Hence, predicting the future of farm autonomy was cited in examining autonomy’s state in 2023.
By John Schueller posted on December 29, 2022 | Posted in Precision Ag Sales & Service
The typical U.S. crop farm of 2035 is not that different from the typical farm of 2010, in the same way that the 2010 farm was not the artificially intelligent, self-sufficient, robotic paradise that many predicted way back in 1985.
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Autonomy Report

Dealer Perspective: Concerns About & Customer Interest in Autonomous Farm Machinery

Dealers weigh in on how likely their customers are to purchase autonomous farm equipment in the next 10 years.
By Dan Crummett posted on December 16, 2022 | Posted in Precision Ag Sales & Service
Of the dealers queried, nearly 60% shared their customers would fall into the “likely” or “very likely” category of interest in autonomous farm machinery. They estimate 20% would be unlikely to have an interest and 20% uncommitted or “neutral” in their interest level.
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Autonomy Report

Weighing The Viability of an Autonomous Future

As robotics, AI and autonomous technology continue to evolve, manufacturers, dealers and customers weigh in on what an autonomous future for ag looks like, and what it will take to get there.
By Dan Crummett posted on December 15, 2022 | Posted in Precision Ag Sales & Service
While many claim the Industrial Revolution is history, supplanted by the so-called “Digital Age” or “Information Age,” commercial agriculture seems to be thriving while simultaneously in both eras.
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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.
MonTag

Montag Mfg

Montag is the industry’s innovative leader for precise, accurate metering of fertilizer, seed and other nutrients. The Montag system has become the standard for deep banding of fertilizer. Montag is also pioneering the technology for cover crop seed application. The new Cover Crop+ is able to meter the smallest seed, and can be mounted to tillage implements, combines, plus Hagie sprayers and detasselers.

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Finance Scope

Finance Scope is able to provide the best financing opportunities for equipment dealers and customers through a diverse mix of lending companies under one single platform. Our large group of lenders, allows for competitive rates regardless of credit scores. Additionally, dealers and customers have access to the industry’s best expertise surrounding finance and lease structures, for all purposes, within the agricultural and construction industries. We provide all of this into one online platform to provide our customers with the best available tailored finance solution for their equipment.
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