Calgary-based Cervus Equipment, one of John Deere’s largest ag equipment retailers with 36 store locations, reported that its consolidated revenue for the third quarter of 2019 ended Sept. 30 declined by 19% year-over-year.

In this week’s podcast, we discuss two tractor lines that had disappeared from the U.S. market — Bobcat and Farmtrac — that are set to make a return. In the Technology Corner Jack Zemlicka discusses dealers' 5-year precision revenue outlook. Also in this episode, Deere & Co.'s third quarter earnings report and Cervus Equipment's second quarter earnings.

In this podcast, we report on Deere & Co.’s second quarter earnings and outlook for the remainder of the year. Publicly traded dealer groups Cervus Equipment and Rocky Mountain Dealerships both reported their first quarter results recently, and put an emphasis on moving used equipment in the quarter. CNH Industrial’s first quarter results took a hit du to unfavorable exchange rates.

Cervus Equipment posted a 6% drop in consolidated revenues for the first quarter of 2019, ended March 31. Overall, revenue declined to C$234.8 million from $248.7 million in the first quarter of 2018.

In this podcast, we take a look at how the number of “big” dealers has changed vs. a year ago. In the Technology Corner, Jack Zemlicka discusses increasing interest in optical sensor technologies. Also covered in this episode: increasing demand for equipment loans, Cervus Equipment’s new president and CEO, Angela Lekatsas, the reintroduction of the Concord brand of air seeding technology and first quarter ag equipment sales results.

On May 15, Angela Lekatsas will assume her new role as president and CEO of Cervus Equipment. She is replacing Graham Drake, who is a co-founder of Cervus, which is one of only three farm equipment dealership groups in the U.S. and Canada that is publicly held.

Two years ago in this space, the discussion centered on “Margin or Volume?” It appears this may deserve some more attention as dealers continue to confront this age-old retail battle.

In this podcast, we talk with Buhler and Kubota about their recently announced agreement in which Buhler will manufacture a tractor for Kubota. In the Technology Corner, Jack Zemlicka reports on no-tillers’ plans for precision farming purchases in the year ahead. Also in this episode we talk about how the “bomb cyclone” and resulting floods are impacting dealerships and manufacturers in the Great Plains, Rocky Mountain Dealership and Cervus Equipment’s 2018 sales reports, and we talk with the new NRCS chief Matthew Lohr.

Cervus Equipment, one of John Deere’s largest farm equipment dealership groups, reports that its ag machinery sales for full-year 2018 rose by 11%. This was a new record for its agriculture segment, as revenues rose to $926,886 vs. $833,677 in 2017.