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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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.