The latest episode of On the Record is now available! In this week's program, we take a look at the recently signed Louisiana law that is aimed at strengthening dealers' positions when it comes to incentive bonuses and "coerced" stocking of parts and equipment. In the Technology Corner, Ben Thorpe takes a closer look at some of the 2021 Precision Farming Dealer Benchmark study results, including aftermarket precision sales. Also in this episode: more on CHI Industrial's acquisition of Raven, dealer optimism turns negative for the first time since April 2020 and China's corn imports from the U.S. rebounded in 2020.

According to the latest Dealer Sentiments & Business Conditions update, a net 1% of surveyed dealers indicated their new inventory levels were "too low" in June. This is the first time surveyed dealers have indicated their new equipment inventory levels were "too low" since July 2013.

According to the latest Dealer Sentiments & Business Conditions update, our Dealer Optimism Index, which measures sentiment among dealers compared to the prior month, turned positive after dropping in March. Sentiment rose to 9% in May (34% more optimistic, 41% in line and 25% less optimistic) from –40% in the previous month.

The latest episode of On the Record is now available! In this week’s program, we examine the results of the 12th Annual No-Till Operational Benchmark Study and what the survey found in terms of no-tillers' plans for equipment purchases in 2020. In the Technology Corner Jack Zemlicka discusses the right to repair from a precision technology standpoint. Also in this episode: global tractor sales are on the rise, an improvement in both dealer and farmer sentiment, Alamo reports ag division sales lag despite a record year in total revenue, and North American sales help Krone’s 5th consecutive year of record revenue.