Another important indicator for when a new business cycle for agriculture could be in the offing is rising interest rates. Low interest rates have been in effect for such an extended period of time, many consumers take for granted that they'll always be low. For many consumers today, extremely low borrowing rates have become the new norm.
If you were to ask any of Torgerson's top management about the most important aspect of farm equipment retailing these days -- those operations that, if not given particular attention, can spell dealership failure -- to a person they'll point directly at two things: turning used equipment and service and parts absorption rate.
In this video sponsored by IRON Solutions, Tom and Steve Janson of the 2011 Dealership of the Year award-winner Janson Equipment Company share their thoughts on recovery rates and their company's goals.
In this video sponsored by IRON Solutions, Tom and Steve Janson of the 2011 Dealership of the Year award-winner Janson Equipment Company discuss absorption rates and what they mean to their business.
Ag bankers in the Federal Reserve Bank's Kansas City district say the overall farm economy remains solid, despite continued weakness in the hog and dairy sectors.
In this episode of On the Record, brought to you by Associated Equipment Distributors, Marc Johnson, principal with Pinion, provides 4 factors that will be important for dealers to watch in 2025 that will impact their business.
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.