The UK agricultural machinery sector has experienced an unprecedented level of lead franchise changes in 2020, driven largely by John Deere’s dealer scale ambitions but also a revised policy for AGCO’s multi-brand distribution.
Cazenovia Equipment has announced it will be opening a new location in Fulton, N.Y. in early fall of 2020. Because Cazenovia Equipment is merging its Sandy Creek and Watertown locations, the new Fulton store will offer customers of Oswego and Onondaga counties continuity of service.
Godfrey Bros., a single store John Deere dealership in Jonesville, Mich., announced that it was acquired by GreenMark Equipment on Sept. 1. GreenMark now has 16 locations throughout Southwestern Michigan and Northwestern Indiana.
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According to the USDA’s Farm and Land in Farms report published earlier this year, the average U.S. farm size has increased about 10 acres from 2012-2019, to 444. But the number of farms has decreased by more than 86,000 during that same span. There are a variety of factors contributing to the decrease and the last few years have further challenged some small and mid-size operations to remain profitable.