In this episode, we discuss the farm equipment auction market, Deere's autonomous tractor introduction at CES 2022 last week, the continued decline in new and used equipment dealer inventories, and results of a survey on the impacts and lessons learned from the Deere work stoppage.

According to results from the January 2021 Dealer Sentiments & Business Conditions Update, surveyed dealers reported their used combine pricing was up 1% in December 2020, the first time pricing has reached a positive reading since 2012.

The latest episode of On the Record is now available! In this week's episode we discuss Deere's plans to address leasing concerns, the economics of robotic implements and the likelihood that the third installment of the Market Facilitation Program payments will be made. Also in this episode, an exclusive interview with Nebraska Gov. Pete Ricketts while in Germany as part of a trade delegation and a look at what dealers thought had a bigger impact on machinery sales in 2019 — trade or weather.

In today’s newscast we discuss the improvements farm equipment dealers are seeing in used equipment inventories as well as used equipment pricing, Titan’s growth in Germany, Little Equipment Ventures acquisition of Stanble’N, and CNH Industrial and AGCO's first quarter earnings.