Click here if you'd like to take the January 2025 News IQ quiz 2 before viewing the answers below.


Q: Which past Farm Equipment Dealership of the Year winner was acquired by Riesterer Schnell, another family-owned John Deere dealership?

A: Eis Implement


Q: The latest market data report from Constellation Data Solutions showed tractor dealers saw revenue down what percentage year-over-year in December?

A: 23%


Q: What two states joined the Federal Trade Commission filed on Jan. 15 against Deere & Co. alleging the company’s repair practices violate competition law? 

A: Minnesota & Illinois


Q: In the 2025 Dealer Business Outlook & Trends report, what percentage of dealers said their precision product unit sales would be as good or better than they were in 2024?

A: Nearly 88%


Q: How many production employees were impacted with the latest round of indefinite layoffs at the Ottumwa (Iowa) Works plant according to Deere & Co.?

A: 75


Q: Of those listed below, which agriculture company earned the largest number of innovative product awards, 7 total,  from the American Society of Agricultural and Biological Engineers (ASABE) AE50 Awards?

A: Case IH


Q: According to the newest Sandhills Global market reports, auction values for used equipment, trucks and trailers in Sandhills' U.S. marketplaces were up overall in December auctions. What percentage month-over-month increase was reported for inventory levels of used combines in Sandhills’ U.S. marketplaces?

A: 3.19%



Farm Equipment News IQ is brought to you by Basic Software Systems.

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Basic Software Systems was established in 1979. The concept of Basic Software Systems derived from a vision of serving a large industry that was expanding rapidly yet lacking computerization. A local Ford Tractor dealership invited us to write a Dealership Management System Solution customized for their specific needs. The newly integrated features of the software brought about a complete transformation for the dealership.

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