In this podcast, we review a recent report by the Federal Reserve Bank of Minnesota on farm bankruptcies. While the trend is on the rise, it hasn't yet reached its peak. Also in this episode: Titan Machinery's third quarter results, the top tractor brands rated by European farm equipment dealers, how one dealer is expanding its agronomic services, Deere & Co.'s fourth quarter and fiscal year 2018 results and an improvement in dealers' used equipment inventories.
The latest episode of On the Record is now available! In this week's episode we review a recent report by the Federal Reserve Bank of Minnesota on farm bankruptcies. While the trend is on the rise, it hasn't yet reached its peak. Also in this episode: the top tractor brands rated by European farm equipment dealers, how one dealer is expanding its agronomic services, Deere & Co.'s fourth quarter and fiscal year 2018 results and an improvement in dealers' used equipment inventories.
Cervus Equipment Corp. announced the acquisition of Deermart Equipment Sales Ltd. Deermart operates a John Deere dealership in Red Deer, Alb., and will join the Cervus Equipment dealership network as of Dec. 3, 2018.
In this podcast, we report on an improvement in producer sentiment according to the latest Ag Economy Barometer from Purdue University. We also discuss the new agreement between Farmers Edge and CNH Industrial. A number of manufacturers and dealers reported their latest earnings in the last week, including Cervus Equipment, Rocky Mountain Dealerships, AGCO, CNH Industrial and Alamo Group. In addition to its third quarter earnings, Rocky Mountain also announced plans to open an outlet store for late-model used equipment in the U.S.
Cervus Equipment, one of John Deere’s largest dealership groups, reports that its largest shareholder will need to reduce his ownership to meet new Canadian rules for registered retirement savings plans (RRSPs).
In this podcast, we look at the impact the 25% tariff on steel may have on the U.S. ag economy, the adoption of precision technologies oversees, year end results for Rocky Mountain Dealerships and Cervus Equipment and Dana Inc.’s purchase of GKN.
Canada’s two largest farm equipment dealers, Rocky Mountain Dealerships and Cervus Equipment reported their third quarter earnings this month and both posted strong sales for the 3 month period and for the first 9 months of 2017.
Cervus Equipment, John Deere’s largest Canadian dealer group, posted third-quarter 2017 consolidated revenue gains of 10% as its ag and construction equipment markets continue to show signs of recovery.
Cervus Equipment broke ground on a new 28,000 square foot facility in Hanna, Alta. The new facility will be the most energy efficient building the dealership group operates.
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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.