Precision Farming Dealer Summit 2019 Recap

Banking on Billable Service for Sustainable Precision Profit

Strong customer relationships – essential for sustainable growth in the farm equipment business – are especially critical for dealers looking to grow in the fast-paced precision farming business.
There are profits to be made for dealers who sell and service the ever-changing mix of precision farming goods and services.
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Availability of Customer Capital: One Ag Lender’s Perspective

Below are excerpts from a presentation given by Alan Hoskins at the 2018 Moving Iron Summit. Hoskins is President and CEO of American Farm Mortgage Co. Inc., based in Evansville, Ind.
A precipitous drop in the number of commercial banks means fewer lenders understand agriculture. And that spells trouble for farmers, according to Alan Hoskins, president and CEO of American Farm Mortgage Co
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Availability of Customer Capital Adds to Dealership Challenges

Stotz Equipment President Tom Rosztoczy and Waupun Equipment Co-owner Dan Scheuers discuss the availability of capital to farming customers and how it impacts their dealerships
"In our territory, securing capital for our customers is going to be a challenge,” says Tom Rosztoczy, Stotz Equipment president. “We have banks pressuring farmers to limit spending, questioning how money is spent, and trying to control farmer spending as much as they can to keep the farmers operating within the parameters the banks want to see.”
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2 Perspectives on Dealership Challenges in the Farm Equipment Market

Stotz Equipment President Tom Rosztoczy and Waupun Equipment Co-owner Dan Scheuers discuss the challenges they face in their respective markets – and what they are doing to proactively address them.
On paper, the two dealerships couldn’t be more different: one, a 25-store John Deere dealership spread across 8 western states, the other, a New Holland and Massey Ferguson dealership with 2 stores in central Wisconsin. But when you listen to the people who run them, their challenges are strikingly similar.
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Industry Consolidation Part 2

Manufacturer Consolidation Reshaping the Farm Equipment Marketplace

Over the last two decades, the agricultural equipment market has seen dramatic change — change that has had a huge impact on farm equipment manufacturers, dealers and customers. In this special report, Farm Equipment takes an in-depth look at the many factors that have been driving industry consolidation through the decades, and what to expect in the years ahead.
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