On the Record Newscast

On the Record

Dealers Respond to Hurricane Florence

In this week’s episode we report on the leadership change at Buhler Industries and provide a look at some of the damage caused by Hurricane Florence in North and South Carolina. In this week’s Technology Corner segment, Jack Zemlicka takes a look at Redline Equipment's test plot in Gas City, Ind. Other topics include worldwide tractor sales for the first 8 months of the year, preliminary results to Ag Equipment Intelligence’s 2019 Dealer Business Outlook & Trends survey and the competition in the combine market.
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On the Record

Do Producers Think the $12 Billion Aid Package Will Help?

In this episode, we examine how farmers are responding to $12 billion aid package introduced by the Trump Administration and Smart Ag's new autonomous technology aftermarket kit. We also cover Titan Machinery's solid second quarter gains, results from Farm Equipment's first ever Marketing Expenditures survey and what new Case IH Vice President of North America Scott Harris sees as priorities for the company, and it's customers.
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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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On the Record

Ag Equipment Makers Report Strong Earnings

In today's newscast we review the latest round of earnings reports of farm equipment manufacturers, which seem to be following the same trend of strong sales growth as many other industries. We also take a look at some other ag-related earnings, pay a visit to Horsch's new demonstration farm in Illinois and review the effects from a Trump Administration farm aid package.
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On the Record

Improving Crop Yields Offers $240B Precision Farming Opportunity

In today's newscast we dive into a new report from Goldman Sach's on the $240 billion market that exists for precision farming technology to address the 70% increase in food production by 2050, Farmobile's acquisition of Prime Meridian, an increase in landscapers equipment spending, Deere's June retail sales, Art's Ways second quarter earnings and Clean Seed Capital's acquisition of Harvest International.
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On the Record

Could Rocky Mountain Equipment Make a Move in the U.S.?

In today's newscast we talk with Rocky Mountain Equipment president Garret Ganden about the dealership's ambitious growth plan. We also take a look at precision farming dealers' outlook for the year and the results from the June Ag Economy Barometer. We also caught up with Curt Blades, senior vice president of of agriculture for the Assn. of Equipment Manufacturers about the first 6 months of 2018 and his outlook for the second half of the year, as well as 3 trends to watch that will have a significant impact on agriculture in the near future.
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On the Record

AGCO Reveals Ideal Combine to North American Dealers & Farmers

In today’s newscast, AGCO reveals its Ideal combine to North America — the first “clean-sheet” design of an axial combine in the industry in decades. In this week’s Technology Corner segment, we take a look at the challenges dealers face in recruiting and retaining precision service technicians. We also take a look at how large ag equipment sales rebounded in May and how Deere’s retail sales compared to the industry average, the changes in machinery values on Illinois farms over the last 10 years and a deterioration of European dealer sentiment in June.
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On the Record

Deere Sues AGCO & Precision Planting Over Patent Infringement

In today’s newscast, we explore the possible outcomes of Deere's lawsuits against Precision Planting and AGCO, how high-speed ISOBUS will expedite plug & play compatibility, Titan Machinery's first quarter earnings for fiscal year 2019, an improvement in farmer and rancher sentiment and changes to the Financial Accounting Standards Board's accounting standards for companies that lease equipment.
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On the Record

McKinsey Report Studies Farmer Behaviors

In today's newscast we discuss the results of McKinsey & Co.’s farmer behaviors survey, Western Equipment’s new facility, SEMA Equipment’s consolidation, United Ag & Turf’s merger, bankers’ increased optimism of ag prospects, the new partnership between Farmers Edge and Raven Industries, Rocky Mountain Dealerships’ and Cervus Equipment’s first quarter earnings, and John Deere’s second quarter earnings.
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On the Record

Dealers Report Used Equipment Inventory Improving

In today’s newscast we discuss the improvements farm equipment dealers are seeing in used equipment inventories as well as used equipment pricing, Titan’s growth in Germany, Little Equipment Ventures acquisition of Stanble’N, and CNH Industrial and AGCO's first quarter earnings.
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Ag Equipment Intelligence

Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.
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