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Articles Tagged with ''Datapoint''

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On the Record

Nearly Two-Thirds of Farmers Identify as ‘Brand Loyal’

By Kim Schmidt posted on July 26, 2024 | Posted in Data & Forecasts
In this episode of On the Record, brought to you by Benzi America, we take a look at results of the 2024 Brand Loyalty study. In the Technology Corner, we examine how USDA’s use of ag data raises privacy concerns. Also in this episode, a look at the ag equipment companies that made the Industry Week U.S. 500 report and JP Morgan analysts say the rate of decline in the ag industry is expected to decrease.
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On the Record

Hurricane Beryl Leaves Extensive Crop Damage in its Wake

By Kim Schmidt posted on July 19, 2024 | Posted in Data & Forecasts
In this episode of On the Record, brought to you by Benzi America, we take a look at how much crop damage resulted from the rain and wind brought on by Hurricane Beryl. In the Technology Corner, Noah Newman examines what dealers need to do before hosting drone clinics to ensure they are FAA compliant. Also in this episode, used equipment pricing and inventory continue to challenge the industry and elected officials discuss how policy can impact the equipment manufacturing industry while in Milwaukee for the Republican National Convention.
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DataPoint: Tillage Tools Top Product Farmers Buy Outside Major Brand

July 3, 2024 | Posted in Dealer News
According to Ag Equipment Intelligence’s latest Brand Loyalty survey, 62.3% of farmers consider themselves brand loyal. When it comes to buying a piece of equipment not manufactured by their primary brand, tillage tools have been the most common piece of equipment farmers bought that wasn’t their primary brand. The full Brand Loyalty Report will be released in July.
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On the Record

Claas Leads Way Among U.S. Full-Line OEMs

By Kim Schmidt posted on June 28, 2024 | Posted in Data & Forecasts
In this episode of On the Record, brought to you by Weasler Engineering, we take a first look at the major line results from the North American Equipment Dealers Assn. 2024 Dealer-Manufacturer Relations survey. Also in this episode: CDK Global's cyber attack puts IntelliDealer customers offline and Stotz Equipment and Premier Equipment announce an industry-first cross border partnership. In the Technology Corner, Noah Newman provides an inside look at Sentera's Aerial WeedScout product.
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On the Record

Ag Economy Still Under Pressure While General Economy Grows

By Kim Schmidt posted on June 14, 2024 | Posted in Data & Forecasts
In this episode of On the Record, brought to you by Weasler Engineering, Pinion's Marc Johnson shares and updated forecast for dealers revenues in 2024. The latest Purdue Ag Economy Barometer shows producer sentiment improved in the last month but indicates most farmers still say it's a bad time to invest in new equipment. And, dealers report used equipment inventories continue to build. In the Technology Corner, Noah Newman visits with the precision team from Eis Implement in Two Rivers, Wis.
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On the Record

Kubota Dealers React to New Acquisition Limitations Policy

By Ben Thorpe posted on May 24, 2024 | Posted in Data & Forecasts
In this episode of On the Record, brought to you by Weasler Engineering, we take a look at some responses to Kubota's new limiting acquisitions policy for dealers. In the Technology Corner, Noah Newman examines how autonomy may provide a health benefit to the ag equipment industry. Also in this episode, John Deere's latest earnings and the end of AGCO and Ohio Ag Equipment's distribution agreement.
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On the Record

Big Dealer Consolidation Continues in 2024

By Ben Thorpe posted on May 10, 2024 | Posted in Data & Forecasts
In this episode of On the Record, brought to you by Weasler Engineering, we break down the key takeaways from Ag Equipment Intelligence's newly released 2024 Big Dealer Report. In the Technology Corner, Noah Newman shows us how cover crop planting could be done autonomously. Also in this episode, CNH Industrial reports a drop in ag sales, AGCO combine and application equipment sales are down year-over-year and a UK New Holland factory strike could impact North America.
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DataPoint: Declining Early Orders

April 26, 2024 | Posted in Data & Forecasts

The percentage of dealers reporting declines in early orders of at least 1% reached 56% in 2024, according to the 2024 Farm Equipment Dealer Business Outlook & Trends report. This was the second year that this percentage increased, though it remains below levels seen for 2015 through 2018. It hit a 10-year low when 13% of dealers forecast early order declines for 2022.




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On the Record

Analysts Comment on CNHI CEO's Departure

By Ben Thorpe posted on April 26, 2024 | Posted in Data & Forecasts
In this episode of On the Record, brought to you by Weasler Engineering, we talk to an analyst and dealers on how interest rate cuts could impact the ag equipment industry. In the Technology Corner, Noah Newman shows us how cover crop planting could be done autonomously. Also in this episode, the Baltimore bridge collapse, planter sales forecasts, leasing volumes and Titan Machinery's latest earnings report.
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On the Record

Baltimore Port Closure to Impact High Horsepower Tractor Imports & Exports

By Ben Thorpe posted on April 12, 2024 | Posted in Data & Forecasts
In this episode of On the Record, brought to you by Weasler Engineering, we talk to an analyst and dealers on how interest rate cuts could impact the ag equipment industry. In the Technology Corner, Noah Newman shows us how cover crop planting could be done autonomously. Also in this episode, the Baltimore bridge collapse, planter sales forecasts, leasing volumes and Titan Machinery's latest earnings report.
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