Articles by Dave Kanicki

From the Desk of Dave Kanicki

Dealership Outlook Taking a Cautious Turn

Dealer sentiments about equipment sales for the rest of the year look to be taking a "cautious"? turn and, in all likelihood, reflect the mood of their customers in the wake of the worst drought in the Midwest in more than three decades.
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Dave Kanicki
From the Desk of Dave Kanicki

The Effects of the Summer Drought

While many are comparing the current situation to the drought of 1988, according to USDA's Economic Research Service, "The 2012 drought in the U.S. is more extensive than any drought since the 1950s. A striking aspect of the drought is how rapidly it has increased in severity in early July, which is a critical time for crop development."
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From the Desk of Dave Kanicki

The Effects of the Summer Drought

Depending on the part of the country where the dealer is located, his or her responses to "How is your business looking?" can differ somewhat, but it's clear that the drought has caught everyone's attention
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From the Desk of Dave Kanicki

Dealer Optimism Index Falls

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.
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Dealership of the Year: Kennedy Implement

No one is discounting the for- tunate set of circumstances that resulted in Kennedy Implement nearly doubling (+98.5%) its revenues between 2010 and 2011, least of all Mark and Kent Buchholz. On the other hand, credit for managing those circumstances to best advantage falls directly on the shoulders of owner Mark with more than a little support from his son Kent and nine other deal- ership employees.
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Are Bale Wrappers a Good Choice for Your Customers?

During the 12 months between May 2011 and May 2012, the average all hay price received by U.S. farmers rose by nearly 17% to $199 per ton, according to USDA. The average price of alfalfa during the same period increased by 15% to $215 a ton. During the 2011 calendar year, the average price of alfalfa escalated from about $120 per ton in January to $195 by December.
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Auctions No Longer 'Last Resort' for Dealers

It wasn't that long ago that a lot of farm equipment dealers did everything they could to avoid sending even their most aged used machinery to an auction service to get it off their lots. But executives from some of the most active services handling ag equipment say they're seeing increasing numbers of dealers utilizing auctions as part of their marketing plan.
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