According to an Aug. 23 report from SupplychainDive, John Deere is taking multiple steps to improve its components supplies and improve its inventory levels.
While more optimistic than they were a year ago, North American farm equipment dealers continue to acknowledge that booming machinery sales in 2018 probably isn’t in the offing. But the fact that their wholegoods inventory levels have improved significantly from a year ago is creating a more level playing field in which to operate.
Passage of the Section 179 and Bonus Depreciation tax incentives in late December probably helped some, but not enough to meaningfully reduce new and used farm equipment inventories on dealers’ lots.
Hello from a buried office desk. Haven't been in office much over the last 3 weeks, as I've been on the road in Minnesota and North Dakota and then at the Farm Equipment Manufacturers Assn. Convention last week in Las Vegas, where I participated in a Q&A-type panel with dealers from Iowa and New York.
Deere & Co. released its retail sales comment for September yesterday (October 13). Overall, the company out performed the industry in sales of the major equipment categories
The results of Ag Equipment Intelligence's latest dealer survey show that North American farm equipment dealers continue to see a softening in ag equipment sales.
More than a quarter of dealers responding to Ag Equipment Intelligence's most recent Dealer Sentiments & Business Conditions Update survey are reporting that their new equipment inventory is too high.
North American farm equipment sales continued to rise in August, but the pace slowed somewhat compared to previous months, according to the latest figures from the Assn. of Equipment Manufacturers. Of more concern than the unit sales may be the building inventory of new machinery that has caught the attention of industry observers.
North American farm equipment dealers continue reporting that their new equipment inventories are "too low" and the used equipment portfolios remain "too high", according to the most recent dealer survey by Ag Equipment Intelligence and Cleveland Research Co.
How optimistic are you about the remainder of 2012? Rate your feelings from 0-10 and explain. (with 0 being not at all optimistic and 10 being extremely optimistic).
In this episode of On the Record, brought to you by Associated Equipment Distributors, Marc Johnson, principal with Pinion, provides 4 factors that will be important for dealers to watch in 2025 that will impact their business.
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.
Finance Scope is able to provide the best financing opportunities for equipment dealers and customers through a diverse mix of lending companies under one single platform. Our large group of lenders, allows for competitive rates regardless of credit scores. Additionally, dealers and customers have access to the industry’s best expertise surrounding finance and lease structures, for all purposes, within the agricultural and construction industries. We provide all of this into one online platform to provide our customers with the best available tailored finance solution for their equipment.