Ag Equipment Intelligence recently checked with Heartland Ag Systems President Arnie Sinclair on the integration of the distributor/manufacturer which was acquired by Titan Machinery in the summer of 2022. The acquisition brought together Case IH’s largest application equipment distributor with the major’s largest equipment dealer.
Ag Equipment Intelligence editors were on the ground at the 2023 National Farm Machinery Show in Louisville, Ky., and noticed that 2 manufacturers had brought in dealers to run their booths.
Typically October is a strong retail month for over 100 horsepower tractors and this year is no exception and this segment is only slightly higher than our original forecast.
The U.S. Federal Reserve has implemented four interest rate hikes so far in 2022. Federal Reserve Bank of Chicago President Charles Evans said another 75 basis-point increase could be coming later this month.
Production farmers continued to replace 100+ horsepower tractors at a higher rate. Many of these replacements tractors were on a lease contract with a specific end date.
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In this episode of On The Record, we examine Deere’s Population of 20-Store Dealers On the Rise. In the Technology Corner, we take a look at Carbon Robotics Developing New “Thinning” Function for LaserWeeder. Also in this episode: AGCO & Kubota Sign Right to Repair MOUs, Deere Reports Rising Large Ag Price Realization - Lower Production Costs and Dealers’ Most Pressing Concerns.