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On the Record

Deere’s Leadership Changes Point to Youth Movement

By Kim Schmidt posted on March 8, 2019
In this week’s episode of On the Record we discuss a “youth movement” among Deere & Co.’s senior leadership. In the Technology Corner, Jack Zemlicka discusses broadband barriers to telematic transformation. Also in this episode: grower sentiment falls, but USDA’s Economic Research Service reports net farm income is forecast to increase 8.1% in 2019; Alamo Group’s 2018 hit $1 billion for the first time and Ag Growth International acquires IntelliFarms.
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net cash farm income and net farm income

2018 Farm Profits Expected to Drop to Near 2016 Levels

December 3, 2018 | Posted in Data & Trends
In inflation-adjusted 2018 dollars, net farm income is forecast to decline $10.8 billion (14.1%) from 2017 after increasing $13.0 billion (20.2%) in 2017. If realized, inflation-adjusted net farm income would be 3.3% above its level in 2016, which was its lowest level since 2002.
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AGCO Aims for $2 Billion in Precision Ag Business by 2029

AGCO Aims for $2 Billion in Precision Ag Business by 2029

In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market. 

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