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On the Record

Buffett Foundation Ships Equipment to Ukraine

By Ben Thorpe posted on February 9, 2024 | Posted in Data & Forecasts
In this episode of On the Record, brought to you by Associated Equipment Distributors, Howard Buffett talks about getting tractors and combines to Ukrainian farmers. In the Technology Corner, Noah Newman examines how the 360 Rain system boosts yields by over 65 bushels per acre. Also in this episode, the potential peak for large ag equipment sales, layoffs at Hutson Inc., 'Made in USA' equipment influence and AGCO's latest earnings report.
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On the Record

CNH Industrial & AGuru Partnership Reflects Growing Importance of Strip-Till

By Ben Thorpe posted on May 12, 2023 | Posted in Data & Forecasts
In this episode of On The Record, we examine the CNH Industrial's recently announced partnership with AGuru Machinery and how it reflects on the state of the strip-till equipment market. In the Technology Corner, we take a look at the future of AGCO and Bosch BASF's smart spraying partnership. Also in this episode: CNH Industrial's dealer inventory levels, Colorado Right to Repair concerns and corn fertilizer expenses. This episode of On The Record is brought to you by Agrisolutions.
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On the Record

Big Dealers Now Operate Over 2,600 Locations

By Ben Thorpe posted on April 28, 2023 | Posted in Data & Forecasts
In this episode of On The Record, we examine the preliminary results of the 2023 Ag Equipment Intelligence Big Dealer report. In the Technology Corner, Noah Newman takes a look at FarmWave's harvest loss technology. Also in this episode: European investment comes to a Manitoba dealership, the majors' 2022 investments and acquisitions and why John Deere and Case IH are going for integrated solutions in their tech stacks. This episode of On The Record is brought to you by Agrisolutions.
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On the Record

Rising Interest Rates Now a Top Concern for Farmers

By Ben Thorpe posted on April 7, 2023 | Posted in Data & Forecasts
In this episode of On The Record, we examine the latest update to the Purdue Ag Economy Barometer, where rising interest rates became growers' number 1 reason to avoid large investments. In the Technology Corner, Noah Newman takes a look at one of John Deere's latest innovations: Furrow Vision. Also in this episode: USDA's prospective planting forecast for 2023, dealers' rising used combine inventories and a look at Buhler Industries' recently released annual report. This episode of On The Record is brought to you by Agrisolutions.
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On the Record

69% of Ag OEMs Say Supply Chain Issues are Improving

By Ben Thorpe posted on March 17, 2023 | Posted in Data & Forecasts
In this episode of On the Record, we look at a recent AEM survey that found the majority of ag equipment manufacturers reported improving supply chain issues. In the Technology Corner, Noah Newman looks at Leaftech Ag's new handheld tissue analysis tool. Also in this episode, CNH Industrial's latest acquisitions and Titan Machinery's fiscal year 2023 earnings. This episode of On the Record is brought to you by BENZI.
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On the Record

Used Equipment Price Increases Continue to Trend Down

By Ben Thorpe posted on March 3, 2023 | Posted in Data & Forecasts
In this episode of On the Record, we discuss how dealers are seeing used equipment price increases continuing to trend downward. In the Technology Corner, Noah Newman reports on Case IH debuting its new AFS furrow command technology at this year's National Farm Machinery Show. Also in this episode, a look at John Deere's forecast for restocking their dealers and no-till farmers' equipment purchasing plans. This episode of On the Record is brought to you by BENZI.
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On the Record

Kubota North America Revenue Hits $8.2 Billion in 2022

By Ben Thorpe posted on February 17, 2023 | Posted in Data & Forecasts
In this episode of On the Record, we discuss the results of Kubota's earnings for 2022 and what percentage of its revenue is coming from North America and its Farm Equipment & Engines segment. In the Technology Corner, Noah Newman reports from the floor of the National Farm Machinery Show on a new announcement from Trimble. Also in this episode, a look at the latest update to the Ag Economy Barometer and the results of the 2023 Rural Lifestyle Dealer Business Outlook & Trends report. This episode of On the Record is brought to you by BENZI.
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On the Record

Greeneye Technology Goes Farmer Direct Through FBN

By Ben Thorpe posted on February 3, 2023 | Posted in Data & Forecasts
In this episode of On the Record, we discuss how farmers and dealers view the recently announced collaboration agreement between Farmers Business Network and Greeneye Technology. In the Technology Corner, Noah Newman covers what majorline OEMs had to say about the future of autonomy with dealers at the 2023 Precision Farming Dealer Summit. Also in this episode, a look at CNH Industrial's fourth quarter earnings, the state of dealer M&A activity and Unverferth's acquisition of tillage equipment manufacturer Orthman Manufacturing. This episode of On the Record is brought to you by BENZI.
 

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On the Record

Large Ag Equipment Growth to Slow in 2023

January 20, 2023 | Posted in Data & Forecasts
In this episode of On the Record, Pinion Principal Marc Johnson forecasts 4-6% growth in large ag equipment sales in 2023. In the Technology Corner, Noah Newman takes a closer look at Verge Ag’s Equipment Explorer, which was launched at the 2023 Precision Farming Dealer Summit. Also in this episode, a preview of the 10th annual Precision Farming Dealer benchmark study and a look at ag retailer sprayer purchase plans for the year ahead. This episode of On the Record is brought to you by BENZI.
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