Articles by Kim Schmidt

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On the Record

Is Titan Ready to Pick Up Acquisition Activity Again?

The latest episode of On the Record is now available! In this week’s episode we discuss Titan Machinery’s renewed focus on acquisitions in the U.S., one annalist’s take on how Blue River Technology could redefine farmer input costs, a double-digit drop in farmer sentiment and mixed results in large ag equipment sales during May. In the Technology Corner, we take a look at how dealers are shifting the way they bill service support.
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On the Record

Wet Weather, Low Commodity Prices & Trade Push Dealer Sentiment Lower

The latest episode of On the Record is now available! In this week’s episode we discuss a double-digit drop in dealer sentiment, Deere’s plans to cut production by as much as 20% at some plants, results from the 2019 Dealer-Manufacturer Relations survey and Titan Machinery’s latest earnings report. In the Technology Corner, Jack Zemlicka shares preliminary results of the 7th annual Precision Farming Dealer benchmark study.
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On the Record

Deere Reports 2Q Revenues of $11.3 Billion

The latest episode of On the Record is now available! In this week’s program, 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 due to unfavorable exchange rates. Also in this episode, Stanley Elliot, analyst with Stifel, provides some analysis of the 2017 USDA Census of Agriculture. In the Technology Corner, Jack Zemlicka talks about planned updates to the Agricultural Electronics Foundation’s compatibility database.
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On the Record

Big Dealer Report Reveals Big Dealers Getting Bigger

The latest episode of On the Record is now available! In this week’s episode 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.
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On the Record

CNH Industrial Makes 3-D Printing Reality for Ag Equipment

The latest episode of Ag Equipment Intelligence’s On the Record is now available! In this episode, we explore CNH Industrial’s steps into making 3-D printing for ag parts a reality, current and future trends in precision farming and how Dot Technology is making autonomous farming a possibility. Also in this episode, we discuss the latest earnings reports from Titan Machinery, Kubota Corp. and Art’s Way Mfg.
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On the Record

Kubota Takes Another Step into Large Ag Through Buhler Agreement

The latest episode of On the Record is now available! In this week’s program 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.
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On the Record

Deere’s Leadership Changes Point to Youth Movement

In this week’s episode of On the Record we discuss a “youth movement” among Deere & Co.’s senior leadership. In the Technology Corner, Jack Zemlicka discusses broadband barriers to telematic transformation. Also in this episode: grower sentiment falls, but USDA’s Economic Research Service reports net farm income is forecast to increase 8.1% in 2019; Alamo Group’s 2018 hit $1 billion for the first time and Ag Growth International acquires IntelliFarms.
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On the Record

More Leadership Changes at Case IH

In this week's episode of On the Record, we dissect the leadership changes that have taken place over the last 12 months at CNH Industrial and Case IH. In the Technology Corner, Jack Zemlicka will take a look at when we might see blockchain in agriculture. Also in this episode, Deere & Co.'s first quarter results, a look at 2018 ag equipment sales and last year compared to 10 year averages and how some technology used by NASA could be helping farmers.
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On the Record

Ag-Pro Companies Expands Further into Ohio

The latest episode of On the Record is now available! In this week’s program the Kansas City Federal Reserve Bank reports loans for financing farm equipment improved in the 4Q of 2018. Ag-Pro Companies expands to now having 20 stores in Ohio. Also in this episode, AGCO, CNH Industrial and Art's Way report their fiscal 2018 earnings.
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On the Record

Precision Technology Leading Ag Equipment's Future

The latest episode of On the Record is now available! As we returned from the Precision Farming Dealer Summit in Indianapolis last week, it was clear that precision technology is going to strongly influence the direction of the farm equipment industry. In this episode, we cover how Deere chairman and CEO Sam Allen credits much of the company's recent success to new precision technologies it's introducing. Jack Zemlicka also shares his take aways from the Precision Farming Dealer Summit, and we talk with Norbert Beaujot and Robert Saik from DOT Technologies about the future of their autonomous platform. Tim Thein from Citi shares his outlook for 2019 farm equipment sales and we also look at the results from the 2019 Rural Lifestyle Dealer Business Trends & Outlook report.
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Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.

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