From cashflow to ordering and managing inventory, intelligently forecasting equipment sales are critical for dealers’ financial planning. Unlike dealerships catering to production farming that can use commodity pricing as a signpost for industry trends, for those specializing in rural lifestyle markets economic indicators are not so clear cut.
J.B. Penn, the chief economist at Deere & Co., said Tuesday that while there is instability around the world, economic output is expected to rise, while the labor market and even wages are rebounding.
Half of the slightly more than 300 North American farm equipment dealers responding to Farm Equipment’s “2015 Dealer Business Outlook & Trends” survey expect sales revenues to decline in the year ahead compared with the year passed.
Since the fire, the Ag-Power John Deere dealership had been working out of a couple of temporary buildings, a much smaller setup than the business had before. Read more: http://www.kmbc.com/news/agpower-breaks-ground-on-new-john-deere-dealership-in-higginsville/26100994#ixzz32Nlwc4Rx
Alliance cites importance of GPS to global economy and infrastructure; vows to aid further GPS innovation, creativity and entrepreneurship as well as protect, promote and enhance the use of GPS
The head of farm equipment maker AGCO, Martin Richenhagen, says The U.S. needs a President with more business savvy who can tackle the upcoming fiscal cliff.
Ernie Goss says his research finds the drought hitting beyond the farm field, impacting other businesses like ethanol plants and farm equipment dealers.
The Ag Equipment Intelligence-Cleveland Research Co. (AEI-CRC) Dealer Optimism Index, a measure of sentiment among North American dealers compared to the prior month, declined to a net 9% of dealers reporting they have a less optimistic outlook now vs. a net 5% reporting more optimism last month.
The biofuels industry contributed $277.3 billion to the global economy in 2010 according to a new report commissioned by the Global Renewable Fuels Alliance.
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.
Montag is the industry’s innovative leader for precise, accurate metering of fertilizer, seed and other nutrients. The Montag system has become the standard for deep banding of fertilizer. Montag is also pioneering the technology for cover crop seed application. The new Cover Crop+ is able to meter the smallest seed, and can be mounted to tillage implements, combines, plus Hagie sprayers and detasselers.
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.