Hemp acreage has plummeted over the past 5 years, but there still is an active market with plenty of potential — and plenty of specialized equipment needs
When the 2018 Farm Bill removed hemp from the controlled substance list, there was a lot of excitement over the potential of this “new” agricultural crop.
Krone North America and Northeast Farm Sales and Service, a single-store Kioti and LS Tractor dealer based in Irasburg, Vt., recently resolved a lawsuit centered around alleged agreement violates, according to a Jan. 30 report from Foley & Lardner.
Townline Equipment, a family-owned Kubota dealership group with locations in New Hampshire and Vermont, has purchased the 3 Sharon Springs Garage Kubota dealership locations in Troy, Sharon Springs and Oneonta, N.Y.
Over the past 15 years, Champlain Valley Equipment, a 5-store New Holland, Case IH and Kubota dealership in Vermont, has acquired six other dealerships. In several cases, the selling owner was offered a new position within the dealership. Brian Carpenter, general manager of Champlain Valley, says making the transition from owner to staff member has gone smoothly in each case.
“We’re a small ag dealer in Vermont where 90-95% of our ag business is with dairy producers. We’re not enjoying all the spoils of our Midwestern counterparts and continue to operate in a very cyclical and volatile ag sector. Add to this the conservative nature of our region’s farmers and the continued climb of equipment prices, and it makes for a very challenging business climate.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.
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.
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.
Finance Scope is able to provide the best financing opportunities for equipment dealers and customers through a diverse mix of lending companies under one single platform. Our large group of lenders, allows for competitive rates regardless of credit scores. Additionally, dealers and customers have access to the industry’s best expertise surrounding finance and lease structures, for all purposes, within the agricultural and construction industries. We provide all of this into one online platform to provide our customers with the best available tailored finance solution for their equipment.