Cervus Equipment, John Deere’s largest ag equipment dealership group in Canada, posted strong results for the first quarter of 2020 ended March 31. The company reported new equipment revenue increased 21% in the first quarter of 2020 compared to the same quarter of 2019.

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.

In this podscast, we have an update on the North Dakota Dealer Protection law and when we can expect a ruling from the judge, we take a look at the results from Purdue’s Center for Commercial Agriculture’s latest Ag Economy Barometer and what producers are saying about used equipment values, Deere dealers are looking to hire more precision farming techs, and the third quarter earnings reports from Rocky Mountain Dealerships, Cervus Equipment, CNH Industrial, AGCO and Alamo Group.

Pricing for used tractors under 100 horsepower were up 2.1% in August, which was consistent with July.

Executive Editor Dave Kanicki discusses research relating to the ways farmers choose to buy and sell used equipment. Dealers are still the top choice.