On the Record Newscast

OTR_Thumbnail-1-28-22.jpg
On the Record

Dealers Forecast ‘Normal’ Inventories by 2023

This week’s episode of On the Record includes a look at what to expect now that 2 lawsuits against John Deere related to right to repair have been filed, Precision Plantings new vision-based camera system that will be used to identify weeds and spot spray them and how 2021 ended in terms of tractor and combine sales. We also take a look at 2 recent surveys of dealers, one which suggests we could see normalizing inventories on dealers’ lots by 2023. 


Read More
On the Record
On the Record

4Q Farm Equipment Auction Prices at Record High

In this episode, we discuss the farm equipment auction market, Deere's autonomous tractor introduction at CES 2022 last week, the continued decline in new and used equipment dealer inventories, and results of a survey on the impacts and lessons learned from the Deere work stoppage.
Read More
OTR_Thumbnail-12-17-2021_for_web.png
On the Record

Double-Digit Growth Expected for Ag Machinery Sector in 2021

In this week's episode we look at how ag equipment manufacturers compare to other machinery sectors in their recovery. In the Technology Corner, Michaela Paukner looks at how the massive “all-in-one” machine by NEXAT handles every work step in production agriculture, including soil cultivation, sowing, crop protection and harvesting. Also in this episode: a number of dealers are making acquisitions in Dealers on the Move, Deere acquires battery technology provider Kreisel Electric and Ben Thorpe examines how the major OEMs' R&D expenses compare to their ag sales.
Read More
OTR_Thumbnail-12-03-2021_for_web.png
On the Record

Titan Machinery Reports 26% Revenue Growth in 3Q22

The latest episode of On the Record is now available! In this week’s episode, we look at Titan Machinery’s strong third quarter results for fiscal year 2022, and how the executive team views inventory turns heading into next year. In the Technology Corner, Michaela Paukner talks with Mani Iyer, CEO of Soletrac, about the electric tractor manufacturer’s distribution plans. Also in this episode: a look at how the UAW strike impacted margins and planter deliveries and dealers’ forecast for used equipment revenues in 2022.
Read More
OTR_Thumbnail-11-19-2021_for_web.png
On the Record

Survey Shows Lower December Equipment Sales Likely

The latest episode of On the Record is now available! In this episode, we dig into some of the results of survey Ag Equipment Intelligence conducted Nov. 15-17 on farmers year-end tax plans and dealers' forecasts for December revenues. Also in the episode: After 5 weeks the Deere-UAW strike has come to an end and Buhler, manufacturer of the Versatile and Farm King brands of equipment, reports its fourth quarter revenues dropped. In the Technology Corner, Michalea Paukner looks at the timeline of how autonomous ag equipment has progressed.
Read More
OTR_Thumbnail-11-12-2021_for_web.png
On the Record

CNH Lowers 4Q Outlook Due to Supply Chain Issues

The latest episode of On the Record is now available! In this week's episode we take a look at CNH Industrial's third quarter results and how they have adjusted their 4Q outlook amid component availability issues. In the Technology Corner, Michaele Paukner explores new AI technology being used for weed control from Carbon Robotics. Also in this episode, an update on the Deere strike and how it is impacting dealer revenue, how McFarlane Manufacturing is battling workforce and supply challenges and an update on Monarch Tractor's licensing agreement with CNH Industrial.
Read More
OTR_Thumbnail-10-29-2021_for_web
On the Record

Industry Responds to UAW Deere Strike

The latest episode of On the Record is now available! In this episode, we have a follow up on the UAW Deere strike, including where dealers stand on the issue. In the Technology Corner, Michaela Paukner discusses how some dealers are digging out old GPS receivers for customers amid ongoing equipment shortages due to supply chain challenges. Also in this episode, we look at AGCO’s strong third quarter results, the continued equipment inventory and challenges dealers are facing, along with price increases.
Read More
OTR_Thumbnail 10-15-2021_for_web.png
On the Record

Deere Workers Strike for First Time in More Than 30 Years

In this week's episode we take a first look at the UAW strike at 14 of Deere's U.S. facilities. In the Technology Corner, Michaela Paukner examines Kubota's planned acquisition of AgJunction for $72.8 million. Also in this episode, California Gov. Gavin Newsom has signed a bill that will ban gas-powered small-off road engines. Ben Thorpe reports on dealers early orders heading into 2022, based on the results of Ag Equipment Intelligence's Dealer Business Outlook & Trends report. Art's Way reported its second straight profitable quarter, and saw Agriculture Products segment sales for the third quarter improve by 27% vs. last year.
Read More
Dealers Report Price Increases as High as 22%
On the Record

Dealers Report Price Increases as High as 22%

In this week’s episode, a net 82% of dealers report their new equipment inventory is too low and say they are seeing price increases from the OEMs ranging from 4% to as high as 22%. In the Technology Corner, Michaela Paukner reports on the proposed precision loan program Sen. Deb Fischer and Sen. Amy Klobuchar recently introduced. Also in this episode, German shortline manufacturer Horsch it will almost double production capacities with a number of world-wide investment projects within the next 2-3 years. According to the 2022 Dealer Business Outlook & Trends report, dealers are forecasting revenues to increase next year, along with price increases from the OEMs. And, the Business Climate Index for the Agricultural Machinery Industry in Europe dropped for the third month in a row to 63 points.
Read More
OTR_Thumbnail-09-10-2021_for_web.png
On the Record

Titan Machinery Revenue Up 22.% at Mid-Year

The latest episode of On the Record is now available! In this week's episode, we cover Titan Machinery's strong second quarter of fiscal year 2022, which saw revenues increase 24.4%. In the Technology Corner, Michaela Paukner shares a close look at 360 Yield Center's 360 RAIN autonomous irrigation system. Also in this episode, the Ag Economy Barometer shows farmer sentiment recovered slightly in August, Raven Industries' Senior Director of Global Sales Sarah Waltner shares some opportunities for the technology company after its acquisition by CNH Industrial closes. Finally, Ben Thorpe takes a look at the latest forecast for net cash farm income, which is estimated to be up 17% in 2021.
Read More

Get all things Ag Equipment Intelligence all the time!

Start Your Membership

Top Articles

Current Issue

AEI_November_1122_Cover.jpg

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.

View More

Must Read Free Eguides

Download these helpful knowledge building tools

View More

I am interior.sidebar.ad.5 EC area