Dave Kanicki

Dave Kanicki

Dave Kanicki is the Executive Editor of Farm Equipment and Editor/Publisher of Ag Equipment Intelligence (AEI) and its related research, reports and broadcast channels. He joined Lessiter Publications in 2005 after decades of experience as an Editor/Publisher of metals manufacturing titles. His Farm Equipment and AEI work has been nationally recognized by both trade business and business press associations. He is a graduate of Central Michigan University.

Contact: dkanicki@lessitermedia.com

ARTICLES

To the Point: It’s in Your Best Interest

It was 5 years ago when I visited with Mike Boehlje, the distinguished professor in the Dept. of Agricultural Economics at Purdue University. At that time, signs were appearing that indicated the industry was in for a slowdown following 4-5 really great years of equipment sales. The special report that ensued was called “Dealing with Ag’s Boom–Bust Cycles.” Boehlje discussed a couple factors that directly impacted equipment dealers.
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Ag Credit Conditions Remain Stable … For Now

Higher interest rates and closer scrutiny by ag lenders could create hurdles for equipment dealers and their customers in 2018
In its Feb. 4 Ag Finance Databook and Feb. 15 Ag Credit Survey report, the Federal Reserve Bank of Kansas City characterized current credit conditions as “stabilized modestly but continuing to show signs of weakness … despite signs of stabilizing in the fourth quarter, bankers’ expectations were for loan demand to strengthen and loan repayment rates to weaken slightly in the first quarter of 2018.”
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PFD Summit: The Journey to Digitizing Agriculture

Technology is disrupting virtually every economic sector and agriculture is no different. Digitization is the next stage in ag’s disruption.
Rabobank is forecasting that median Midwest corn farmers will be working with a margin of about 4% during the next 4-5 years. This is “unacceptable” and means they will need to increase their efficiency while continuing to cut costs, Kenneth Zuckerberg told attendees of the 2018 Precision Farming Dealer Summit in January.
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To the Point: It’s in Your Best Interest

It was 5 years ago when I visited with Mike Boehlje, the distinguished professor in the Dept. of Agricultural Economics at Purdue University. At that time, signs were appearing that indicated the industry was in for a slowdown following 4-5 really great years of equipment sales. The special report that ensued was called “Dealing with Ag’s Boom–Bust Cycles.” Boehlje discussed a couple factors that directly impacted equipment dealers.
Read More
Ag Equipment Intelligence

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

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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