Another important indicator for when a new business cycle for agriculture could be in the offing is rising interest rates. Low interest rates have been in effect for such an extended period of time, many consumers take for granted that they'll always be low. For many consumers today, extremely low borrowing rates have become the new norm.
If you were to ask any of Torgerson's top management about the most important aspect of farm equipment retailing these days -- those operations that, if not given particular attention, can spell dealership failure -- to a person they'll point directly at two things: turning used equipment and service and parts absorption rate.
In this video sponsored by IRON Solutions, Tom and Steve Janson of the 2011 Dealership of the Year award-winner Janson Equipment Company share their thoughts on recovery rates and their company's goals.
In this video sponsored by IRON Solutions, Tom and Steve Janson of the 2011 Dealership of the Year award-winner Janson Equipment Company discuss absorption rates and what they mean to their business.
Ag bankers in the Federal Reserve Bank's Kansas City district say the overall farm economy remains solid, despite continued weakness in the hog and dairy sectors.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take a look at how the flooding in Texas will impact the ag industry and check in with some dealers in the region.
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.
At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.