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Cervus Equipment Announces New John Deere Dealership in Alberta

February 9, 2021 | Posted in Dealers & Dealerships

Cervus Equipment will be combining its Red Deer and Olds John Deere dealership locations into a new 44,000 square foot facility that will be built near Penhold, Alta. The new facility is anticipated to be in service in early 2022.

Claas Dealership GJ’s Farm Equipment Announces Name Change and Facility Expansion in Ontario

August 19, 2020 | Posted in Dealers & Dealerships

Claas dealership GJ’s Farm Equipment has announced several changes to their southwest Ontario location. The full service dealership will be changing their name to “GJ’s Harvest Centre Inc.” and will expand their Claas business focus.

Cervus Equipment 2Q20 Ag Sales Up 17%

August 15, 2020 | Posted in Earnings Reports

Cervus Equipment Corp., the largest retailer of John Deere farm machinery in western Canada, posted a 4% increase in consolidated revenue in the second quarter 2020.

Rocky Mountain Dealerships Posts 10% Sales Increase in 2Q20

July 29, 2020 | Posted in Earnings Reports

Improving sales of used ag equipment for the period ended June 30, 2020, helped push Rocky Mountain Dealerships (RME) to a year-over-year gain of 9.9%, according to the company. Based in Calgary, Alb., RME is Case IH’s largest Canadian dealership group.

Expanded Territories Bolster BayWa’s Dealership Group Revenues

April 15, 2020 | Posted in Dealers & Dealerships

Despite an anticipated drop in new tractor sales last year, BayWa’s agricultural equipment business unit exceeded managers’ expectations by posting an increase in revenues. Much of the growth resulted from Claas’ announcement of a territory expansion into southern Alberta for the unit’s Canadian dealership.

Dealership Groups Produced Mixed Results in Latest Earnings Reports

December 16, 2019 | Posted in Earnings Reports

While U.S.-based Titan Machinery reported a 2% uptick in ag equipment sales in its most recent reporting period, the third quarter wasn’t so kind to Canadian dealers Cervus Equipment and Rocky Mountain Dealerships.

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Dairy Segment Provides Bright Spot in Current Ag Market

Deere Confident on ‘Producing to Demand’ in Fiscal Year 2025

Art’s Way Reports 3Q Ag Sales Drop 46%, Parts Ways with CEO

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Deere Production Could be Down 10-15% Next Year

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.

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