Items Tagged with 'used equipment sales'

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Used Equipment Sales Boost Dealers’ Top and Bottom Lines

“Finally, there are early signs that the ag industry may be finding new religion with respect to the trade-in practices that have created such a glut of used equipment in the market,” said Ben Cherniavsky, analyst with Raymond James, in a July 29 note on Rocky Mountain Dealerships’ (RME) second quarter earnings report.
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Cervus Equipment 1Q20 Revenues Rise 9%; Ag Up 8%

Cervus Equipment, John Deere’s largest ag equipment dealership group in Canada, posted strong results for the first quarter of 2020 ended March 31. The company reported new equipment revenue increased 21% in the first quarter of 2020 compared to the same quarter of 2019.
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On the Record

[Podcast] Judge to Make Ruling on North Dakota Dealer Law by End of December

In this podscast, we have an update on the North Dakota Dealer Protection law and when we can expect a ruling from the judge, we take a look at the results from Purdue’s Center for Commercial Agriculture’s latest Ag Economy Barometer and what producers are saying about used equipment values, Deere dealers are looking to hire more precision farming techs, and the third quarter earnings reports from Rocky Mountain Dealerships, Cervus Equipment, CNH Industrial, AGCO and Alamo Group.
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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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