Lower farm commodity prices aren’t the only thing that determines whether or not North American farmers will increase equipment spending during the remainder of 2015 and into next year.
Net farm income is forecast to decline for the second consecutive year, after reaching recent historic highs in 2013. NFI is expected to fall nearly $33 billion (36%) from 2014’s estimate to $58.3 billion in 2015. The 2015 forecast would be the lowest since 2010, and $29.1 billion below the 10-year average.
In an article from Bplans, Briana Morgaine suggests 10 ideas that can improve a business’ efficiency and help keep everyone running smoothly and productively.
An operation that feeds 1,500 cattle twice a day in addition to farming nearly 2,500 acres means daily responsibilities leave little “downtime” for long-term planning. However, one father and son team sets aside time and seeks counsel each December to plan for a more efficient and profitable future. A recent long-term planning session involved analyzing the benefits of a deep bedded cattle barn.
During the dealer-to-dealer panel on the "Anatomy of a Transition" at the 2015 Dealership Minds Summit, three inter-generational family pairs discussed the experience of succession from their senior and successor sides.
Miles Mackow, general manager of Webb's Machinery in Lamont, Alberta, discusses the challenges of having a single precision specialist to cover multiple stores and the dealership's goal of implementing a more formalized structure for their precision business to increase revenue.
In 2011, the Big Dealer Report showed 22 Canadian dealers with 5 or more locations. These 22 dealer groups accounted for a total of 206 farm equipment dealerships in Canada with 234 total locations.
Harlan Little of Topcon touches on the company's bullish stance toward precision agriculture and how their recent acquisitions constitute a portfolio-style product.
T.J. Stauffer of Rich Connell Agri-Search discusses how a dealership’s precision staff can use reverse mentoring strategies to form a more harmonious and efficient work environment with administration.
While net farm income or net cash income is the deciding factor in farmers’ level of investment in capital goods, like ag equipment, crop and/or cash (includes livestock) receipts have proven to be the best ongoing indicator of farmers’ income, and thus future tractor sales.
At the 2026 Farm Progress Show, Colin Rush, Vice President of Sales and Marketing with Bourgault Industries, details the Canadian manufacturer's newly announced partnership with CNH.
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.