Articles by Dave Kanicki

Dave Kanicki
To the Point

It’s in Your Best Interest

It was 5 years ago when I visited with Mike Boehlje, the distinguished professor in the Dept. of Agricultural Economics at Purdue University. At that time, signs were appearing that indicated the industry was in for a slowdown following 4-5 really great years of equipment sales. The special report that ensued was called “Dealing with Ag’s Boom–Bust Cycles.” Boehlje discussed a couple factors that directly impacted equipment dealers.
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Ag Equipment Intelligence

Don’t Bet the Farm on USDA’s Initial Farm Profits Outlook for 2018

Earlier this month — Feb. 7 to be exact — USDA issued its farm sector profits forecast for 2018. The ag agency’s most recent outlook calls for further declines in net farm income and net cash farm income for the year ahead. But researchers at the University of Illinois Agricultural and Consumer Economics, say that, if past history holds true, the initial forecast is probably somewhat lower than what we’ll see next year at this time.
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Looking Back on Titan’s 10 Years as a Public Company

CEO David Meyer reflects on how business has changed for Titan Machinery since going public and where the industry is headed.
Today, Titan Machinery is North America’s largest farm equipment dealership group. In 2006, the group was selected as Farm Equipment’s Dealership of the Year. At that point, Titan owned and operated 29 dealer locations.
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Dealer Operations Report

Rising Expenses are Eroding Dealer Profits

Declining equipment sales coupled with increasing expenses is keeping the pressure on dealers’ bottom line.
While the financial and operational performance of North American farm equipment dealers showed some improvement last year, several warning flags also popped up indicating ag machinery retailers need to sharpen their pencils and attention to finances.
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Sponsored Content: Success in Shortline Machinery

How Dealers Add Shortlines

Customer requests may initiate consideration for bringing on a new shortline, but the boss will decide what’s best for his store.
Customer requests may initiate consideration for bringing on a new shortline, but the boss will decide what’s best for his store.
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