This new standing feature in the Ag Equipment Intelligence newsletter will catalogue notable dealership merger & acquisition activity since the previous newsletter.
Ag Equipment Intelligence has gathered data from the financial filings of the ag industry’s key publicly-traded manufacturers and compiled these companies’ executives’ compensation, now updated for the 2022 financial year.
It’s been a strange year for dealers to say the least. They’re facing the long term effects of a global pandemic and ongoing low commodity prices, as well as an election year in the U.S. In spite of all that, results from the Ag Equipment Intelligence 2021 Dealer Business Outlook & Trends survey show dealers not only beat last year’s estimates for sales in 2020, but they’re now predicting greater revenue growth in 2021 than they did for 2020.
With my impending retirement at the end of October, editors at Ag Equipment Intelligence have begun to transition responsibilities to ensure that the newsletter, special reports, On the Record broadcasts and annual Executive Briefings conference will continue to meet readers’ expectations well into the future.
About 40% of North American farm equipment dealers expect revenue from sales of new machinery to improve in 2020, while 37% are forecasting little or no change compared to 2019, according to the results of the Ag Equipment Intelligence’s 2020 Dealer Business Outlook & Trends survey.
Ag Equipment Intelligence will launch its newest program for the farm equipment industry with a quarterly survey of ag shortline/specialty equipment manufacturers. The purpose of this new study is to determine business conditions and trends in a segment of industry that receives little attention, despite its significant innovations and contributions to the farm machinery business. The project will kick off in mid-September.
One of the most talked-about sessions looked at creating a culture of advancement and growth within a precision dealership. Skip Klinefelter, owner of Linco-Precision in El Paso, Ill., noted during his opening general session that success and survival of precision dealers will require continuous collaboration and internal problem-solving — both of which are cornerstones of stability.
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.
The announcement of a partnership between New Holland and Bluewhite was one of the big precision stories of the summer. West Coast New Holland dealers now have the rights to sell, distribute and service Bluewhite’s aftermarket autonomy kits.