Cervus Equipment, John Deere’s largest Canadian dealership group, reported $3.2 million in adjusted income before tax, up significantly from just $0.5 million in the first quarter of 2020. According to Cervus the strong performance is reflective of the dealership’s strategic focus on growing product support revenue in addition to lower finance costs associated with decreased inventory levels.
Total revenue for the quarter was down 1%, due largely to a 4% decrease in equipment revenue but…
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There was plenty of technology on display at the World Dairy Expo in Madison, Wis., a few weeks ago. Farm Equipment editor Mike Lessiter caught up with Monarch Tractor’s John Issacson and got his take on the top 5 applications in autonomy right now.
