Items Tagged with 'dealer optimism'


2022 Dealer Business Outlook & Trends Summary

Profits, Gross Margins, Early Orders Improve Amid Rebounding Market

100% of surveyed dealers report making a profit, improved gross margins and strong forecasts for new and used equipment revenue next year.

Projections for next year’s new and used equipment sales were up compared to the 2021 survey, as well as forecasts for early orders and equipment price increases. 

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Kim Schmidt

Lots of Positives, But Concerns Linger

Grain prices are up. Yields in many areas are above average. Ag credit conditions are up. And, dealers report early orders are up and they are seeing good demand for equipment. But there are still some concerns — challenges getting equipment from the OEMs and concerns over taxes, regulation and trade following the election. Let’s look at some of the positives first.
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On the Record

Optimism Fluctuates Among Tariff Concerns and Low Commodity Prices

In this episode we report on Deere & Co.’s third quarter earnings, which saw net sales increase 32%. In the Technology Corner, Jack Zemlicka discusses precision farming dealers’ 5-year investment projections. With uncertainty stemming from tariffs, trade and commodity prices we also look at how manufacturers, dealers and producers are responding. Finally, according to the Federal Reserve Bank of Minneapolis, farm income, capital spending and farmland values are all down.
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