The latest episode of On the Record is no available! In this week’s episode, we compare what Machinery Pete is seeing in auction prices to what dealers report used equipment retail values to be. Also in this episode, dealers share what changes they anticipate in day-to-day business once we are passed COVID-19 and CNH Industrial and AGCO report their first quarter results. In the Technology Corner Jack Zemlicka talks with Tim Norris about how Raven has adjusted its strategy to showcase its AutoCart and DOT platforms to dealers.
In today’s newscast, we dive into some surprises in Machinery Pete’s fourth quarter Used Values Index, highlights from the Precision Farming Dealer Summit, why ag machinery stocks continue to rise despite the ag market and more improvement in producer sentiment.
In this On the Record podcast, we dive into some surprises in Machinery Pete’s fourth quarter Used Values Index, highlights from the Precision Farming Dealer Summit, why ag machinery stocks continue to rise despite the ag market and more improvement in producer sentiment.
“Looking out into 2016, it’s easy to focus on the sheer amount of used equipment available,” says Greg Peterson, also known as Machinery Pete. “In addition to the used inventory on dealers’ lots, I’m also seeing a big increase in the number of machinery auctions.”
At least a few farm equipment dealers who responded to Ag Equipment Intelligence's Dealer Sentiments Business Conditions survey in December indicated that their used machine situation was improving. But conditions are still generally difficult.
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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.