Readers of Progressive Farmer magazine were surveyed “to give voice to how owners rate their farming equipment.” The Reader Insights Tractor Study, authored by the magazine’s senior editor, Dan Miller, revealed that owners gave John Deere and Kubota the highest marks for overall owner experience.
On March 27, President Donald Trump signed a $2.2 trillion economic rescue package into law to support businesses, rush resources to overburdened health care providers and to help struggling families during the new coronavirus pandemic.
More ag equipment dealers believe the cold, wet weather that resulted in later than normal planting season, or prevented planting altogether, had a bigger impact on their business this year than did the ongoing trade wars. But both clearly impacted ag machinery sales in the past year in the eyes of the dealers.
High Plains Equipment based in Devils Lake, N.D., has acquired Erickson Implement’s location in Carrington, N.D. Both are Case IH equipment dealerships.
According to an Oct. 14 report in the Wall Street Journal, it appears Deere & Co., as well as other major manufacturers of farm machinery are once again emphasizing equipment leasing to keep sales moving.
Stoller International held a ground-breaking ceremony Sept. 20 celebrating the beginning of construction for a new facility on the north edge of this Kankakee County community. The 31,500-square-foot facility will feature a showroom, offices, repair shop and parts department, as well as an onsite storage shed. Construction is slated to be completed in the spring of 2020.
Godfrey Bros., a single store John Deere dealership in Jonesville, Mich., announced that it was acquired by GreenMark Equipment on Sept. 1. GreenMark now has 16 locations throughout Southwestern Michigan and Northwestern Indiana.
The Assn. of Equipment Manufacturers and several major tractor makers brought the legal challenge two years ago, arguing provisions of the law were unconstitutional and may create “the most restrictive dealership law in the entire country.”
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.