Kim Schmidt

Kim Schmidt

Kim Schmidt is the Managing Editor of Farm Equipment and the host of Ag Equipment Intelligence’s On The Record. An award-winning writer, she worked 7 years in business-to-business trade media before joining Farm Equipment in 2012. She is a journalism graduate of Marquette University.

Contact: kschmidt@lessitermedia.com

ARTICLES

On the Record

More Leadership Changes at Case IH

In this week's episode of On the Record, we dissect the leadership changes that have taken place over the last 12 months at CNH Industrial and Case IH. In the Technology Corner, Jack Zemlicka will take a look at when we might see blockchain in agriculture. Also in this episode, Deere & Co.'s first quarter results, a look at 2018 ag equipment sales and last year compared to 10 year averages and how some technology used by NASA could be helping farmers.
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On the Record

Ag-Pro Companies Expands Further into Ohio

The latest episode of On the Record is now available! In this week’s program the Kansas City Federal Reserve Bank reports loans for financing farm equipment improved in the 4Q of 2018. Ag-Pro Companies expands to now having 20 stores in Ohio. Also in this episode, AGCO, CNH Industrial and Art's Way report their fiscal 2018 earnings.
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On the Record

Precision Technology Leading Ag Equipment's Future

The latest episode of On the Record is now available! As we returned from the Precision Farming Dealer Summit in Indianapolis last week, it was clear that precision technology is going to strongly influence the direction of the farm equipment industry. In this episode, we cover how Deere chairman and CEO Sam Allen credits much of the company's recent success to new precision technologies it's introducing. Jack Zemlicka also shares his take aways from the Precision Farming Dealer Summit, and we talk with Norbert Beaujot and Robert Saik from DOT Technologies about the future of their autonomous platform. Tim Thein from Citi shares his outlook for 2019 farm equipment sales and we also look at the results from the 2019 Rural Lifestyle Dealer Business Trends & Outlook report.
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On the Record

Machinery Costs Put Pressure on Net Farm Income

Happy New Year! The latest episode of On the Record is now available. In this week’s program, we look at how machinery costs for Minnesota farmers is keeping net farm income down despite growth in gross farm income. We also look at which dealers made the most M&A moves during 2018, dealers precision farming sales outlook for 2019, Buhler Industries’ year-end results and the potential for improved dairy prices in 2019.
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On the Record

As 2018 Closes, Some Ag Optimism Going into New Year

The latest episode of On the Record is now available! In this week’s episode we take a look at how accurate USDA ERS’ farm profitability projections are. Other topics in this episode include forecasting future precision growth, dealers concerns going into 2019, how November U.S. large ag equipment sales compare to the 5-year average and dealers’ views on their used equipment inventories and used equipment pricing.
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On the Record

Analyst Bullish on Deere, Titan Machinery

The latest episode of Ag Equipment Intelligence's On the Record is now available! In this week's program, we share one analyst's 2019 outlook for Deere & Co. and Titan Machinery in addition to Deere CEO & Chairman Samuel Allen's concerns over the lasting impact tariffs could have on U.S. farmers. We also discuss Ag-Pro Companies expansion into Ohio and the dealership's rapid growth since 2014. Also in this episode: technology lessons from the auto industry, changes in farm profits and farmers' income and an improvement in producers' interest in making large investments, like machinery.
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On the Record

European Dealers Rate Their Top Tractor Brands

The latest episode of On the Record is now available! In this week's episode we review a recent report by the Federal Reserve Bank of Minnesota on farm bankruptcies. While the trend is on the rise, it hasn't yet reached its peak. Also in this episode: the top tractor brands rated by European farm equipment dealers, how one dealer is expanding its agronomic services, Deere & Co.'s fourth quarter and fiscal year 2018 results and an improvement in dealers' used equipment inventories.
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On the Record

Partnership with FarmersEdge Gives CNH Dealers Access to FarmCommand Platform

The latest episode of On the Record is now available! In this edition, we report on an improvement in producer sentiment according to the latest Ag Economy Barometer from Purdue University. We also discuss the new agreement between Farmers Edge and CNH Industrial. A number of manufacturers and dealers reported their latest earnings in the last week, including Cervus Equipment, Rocky Mountain Dealerships, AGCO, CNH Industrial and Alamo Group. In addition to its third quarter earnings, Rocky Mountain also announced plans to open an outlet store for late-model used equipment in the U.S.
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On the Record

Department of Homeland Security Identifies 3 Unique Threats to Precision Farming

The latest episode of Ag Equipment Intelligence’s On the Record is now available! In this week's broadcast we look at how dealers' sales outlook for 2018 compares to that of the OEMs, cyber-based security threats to precision farming and an increase in non-real estate farm loans. In addition, we look into the University of Missouri's Food and Agricultural Policy Research Institute's forecast for net farm income in 2018 and 2019, North American ag equipment sales through the first three quarters of 2018 and an improvement in irrigation equipment sales for Lindsay.
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On the Record

Will USMCA Alleviate U.S. Dairy Supply Situation?

The latest episode of Ag Equipment Intelligence’s On the Record is now available! In this week's episode we discuss the impact the new Unites States-Mexico-Canada Agreement could have on the U.S. dairy market. We also discuss some of the results of Ag Equipment Intelligence's recently published 2019 Dealer Business Outlook & Trends report, including dealers' outlook for profitability in 2018 and hiring plans. Other topics covered include an uptick in credit denials for farmers and the opportunity for ethanol in China.
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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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