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Kanicki
From the Desk of Dave Kanicki

Signs & Sentiments Pointing Up

By Dave Kanicki posted on October 2, 2017 | Posted in Dealer News
We’ve been reporting during the last few months that there were signs popping up in various places that suggest that business levels are improving for North American dealers. Many of these came from our own dealer surveys during the past year.
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Kanicki
From the Desk of Dave Kanicki

Numbers Don’t Always Tell the Whole Story

August 21, 2017 | Posted in Operations & Finance
Last week I had the chance to speak to a bunch of investment managers at a meeting organized by an investment bank. Most times their questions are fairly predictable, but sometimes they aren’t. Some of these managers are very “detail oriented,” which they should be, and they ask for hard numbers.
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Kanicki
From the Desk of Dave Kanicki

What's Happening with New Equipment Inventories?

By Dave Kanicki posted on May 29, 2017
Almost since the sales of farm machinery began its slide in late 2013 and early 2014, used ag equipment headlines have dominated the industry’s headlines. And rightfully so. Many of the best dealers in North America have said it, “The one thing that will destroy a dealer’s business faster than anything else is an uncontrolled inventory of used equipment.”
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Ag Equipment Intelligence

Dealers 2017 Forecast Drops in September

November 7, 2016 | Posted in Data & Forecasts
North American farm equipment dealers lowered their forecast for 2017 sales in September. According to the latest Dealer Sentiments & Business Conditions Update survey, in September on average, dealers are forecast sales to be down 8% in 2017.
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Kanicki
From the Desk of Dave Kanicki

Are You ‘Comfortable That It’s Bad?’

By Dave Kanicki posted on September 12, 2016 | Posted in Manufacturer & Dealer Issues
One of the more interesting comments I’ve read from an outsider looking into the current ag equipment environment came from an Aug. 17 report that quotes Karen Ubelhart, an analyst at Bloomberg Intelligence in New York. In assessing the current sales slump and the ongoing backlog of used farm machinery, Ubelhart said, “People are comfortable that it’s bad and that it will take a while. It’s not great, but they’re not bleeding. It’s just not getting better.”
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Kim Schmidt
From the Desk of Kim Schmidt

Who’s Ready for a Bit of Good News?

By Kim Schmidt posted on June 5, 2016 | Posted in Data & Forecasts
We regularly hear from dealers that $4 corn and $10 soybeans represent the psychological threshold for farmers. When corn goes over $4 and beans over $10, most farmer’s outlook improves markedly. Over the last month or so we’ve seen a nice increase in crop prices. I was on the road last week visiting dealers, and one of them mentioned he’s started to notice an improvement in farmer sentiment.
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Baltimore Port Closure to Impact High Horsepower Tractor Imports & Exports

Baltimore Port Closure to Impact High Horsepower Tractor Imports & Exports

In this episode of On the Record, brought to you by Weasler Engineering, we look at how the Port of Baltimore's closure will alter the flow of high horsepower tractors in and out of the country. In the Technology Corner, Noah Newman talks about some changes coming to drone operation regulations. Also in this episode, Kazakhstan's potential for the North American ag equipment industry and what 2024 holds for the sprayer market.

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Finance Scope

Finance Scope is able to provide the best financing opportunities for equipment dealers and customers through a diverse mix of lending companies under one single platform. Our large group of lenders, allows for competitive rates regardless of credit scores. Additionally, dealers and customers have access to the industry’s best expertise surrounding finance and lease structures, for all purposes, within the agricultural and construction industries. We provide all of this into one online platform to provide our customers with the best available tailored finance solution for their equipment.
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