Farmer’s perception of an improving ag economy going forward could be laying the groundwork for increased capital investments in the year ahead, according to the results of the Purdue University-CME monthly farmer survey.
In the Technology Corner, Jack Zemlicka discusses precision technology adoption among no-till farmers. Also in this week’s podcast, farmland values hold steady, European dealer sentiment improves, private equity firm Westcap invests in Degelman and Deere’s latest earnings report.
In today’s newscast we look at John Deere’s second quarter and Cervus’ first quarter earnings reports, a significant merger between two specialty equipment dealerships, as well as several other “Dealers on the Move,” the impact of declining farmland values and, from the Technology Corner, recent strides in ISOBUS conformance testing.
While some industry people are still fretting that the current slowdown in the sale of farm machinery is setting the stage for a return of the farm crisis of the early 1980s, in large part because of declining land values, Ryan Larsen says, “Perhaps we should be more concerned with the impact of falling intermediate asset prices.”
Prices being paid for farmland across Illinois have seen a softening of from 2.0 percent to 4.1 percent according to the Midyear Land Values Snapshot Survey done by the Illinois Society of Professional Farm Managers and Rural Appraisers.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at John Deere’s settlement with the FTC and whether it’s a win or a loss for the OEM and dealers more broadly.
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.
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