Rural equipment dealer confidence had been soaring for 2 years. Then 2020 happened — a year like most had never experienced. Uneven demand. Uncertain supply chains. Rising costs.
From cashflow to ordering and managing inventory, intelligently forecasting equipment sales are critical for dealers’ financial planning. Unlike dealerships catering to production farming that can use commodity pricing as a signpost for industry trends, for those specializing in rural lifestyle markets economic indicators are not so clear cut.
In today’s newscast, we look at the possibility that ag equipment sales could see a bottom in 2017, an “Amazon” approach for precision services and products, projected growth in the rural lifestyle segment, Buhler Industries year-end financial results, and Mahindra’s unit sales for December.
After a solid pick up in revenues in 2014, 47% of North American dealers see sales revenues from their rural lifestyle and large property owner segments increasing again in the year ahead.
Maybe it's all the talk about the "fiscal cliff"? or a general uncertainty in the overall economy that's causing equipment dealers serving the rural lifestyle and lawn and landscape markets to hold back on their projections for 2013.
Maybe it’s all the talk about the “fiscal cliff” or a general uncertainty in the overall economy that’s causing equipment dealers serving the rural lifestyle and lawn and landscape markets to hold back on their projections for 2013. On the other hand, very few dealers are exhibiting any real signs of pessimism about business levels in 2013, either.
The Ag Division of Lessiter Publications, Brookfield, Wis., is pleased to announce that Chad Elmore has joined the company as managing editor of Farm Equipment, Rural Lifestyle Dealer and the Farm Catalog.
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.
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.