Articles by Dave Kanicki

From the Desk of Dave Kanicki

The "Good Old Days"

Talk about the "good old days" and things we probably will never see again, during the last month or so, Mike Lessiter and I had the enviable task of interviewing four, now-retired farm equipment legends who were a big part of some of the best and worst times in this business.


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Dealer Business Trends & Outlook: Dealers Confident But Guarded About 2013

It wasn't that long ago that the dealers we spoke with weren't feeling at all certain about their business prospects for the year ahead. Many of their customers who were most impacted by the 2012 drought were in a "bad mood" as they watched their crops wither in the field. Talking about buying new ag equipment wasn't high on their list of priorities.
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To The Point: The Risk-Reward of Farming

Since much of what we're reading these days is about the drought of 2012 and its impact on commodity prices and ultimately its effect on food prices, I am reminded of the risk-reward tradeoff I learned about back in my college days. It makes me wonder why no one pays much attention to the risk? side of the equation. According to the risk-return tradeoff, you must spend money to make money. Or more correctly, it says reinvested money can render higher profits only if it is subject to the possibility of being lost.?
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From the Desk of Dave Kanicki

Dealership Outlook Taking a Cautious Turn

Dealer sentiments about equipment sales for the rest of the year look to be taking a "cautious"? turn and, in all likelihood, reflect the mood of their customers in the wake of the worst drought in the Midwest in more than three decades.
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Dave Kanicki
From the Desk of Dave Kanicki

The Effects of the Summer Drought

While many are comparing the current situation to the drought of 1988, according to USDA's Economic Research Service, "The 2012 drought in the U.S. is more extensive than any drought since the 1950s. A striking aspect of the drought is how rapidly it has increased in severity in early July, which is a critical time for crop development."
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