On The Record Podcast

In this podcast, the Kansas City Federal Reserve Bank reports loans for financing farm equipment improved in the 4Q of 2018. Ag-Pro Companies expands to now having 20 stores in Ohio. Also in this episode, AGCO, CNH Industrial and Art's Way report their fiscal 2018 earnings.

As we returned from the Precision Farming Dealer Summit in Indianapolis last week, it was clear that precision technology is going to strongly influence the direction of the farm equipment industry. In this episode, we cover how Deere chairman and CEO Sam Allen credits much of the company's recent success to new precision technologies it's introducing.

In this podcast we look at how machinery costs for Minnesota farmers is keeping net farm income down despite growth in gross farm income. We also look at which dealers made the most M&A moves during 2018, dealers precision farming sales outlook for 2019, Buhler Industries’ year-end results and the potential for improved dairy prices in 2019.

In this podcast, we take a look at how accurate USDA ERS’ farm profitability projections are. Other topics in this episode include forecasting future precision growth, dealers concerns going into 2019, how November U.S. large ag equipment sales compare to the 5-year average and dealers’ views on their used equipment inventories and used equipment pricing.

In this podcast, we share one analyst's 2019 outlook for Deere & Co. and Titan Machinery in addition to Deere CEO & Chairman Samuel Allen's concerns over the lasting impact tariffs could have on U.S. farmers. We also discuss Ag-Pro Companies expansion into Ohio and the dealership's rapid growth since 2014. Also in this episode: technology lessons from the auto industry, changes in farm profits and farmers' income and an improvement in producers' interest in making large investments, like machinery.

In this podcast, we review a recent report by the Federal Reserve Bank of Minnesota on farm bankruptcies. While the trend is on the rise, it hasn't yet reached its peak. Also in this episode: Titan Machinery's third quarter results, the top tractor brands rated by Euorpean farm equipment dealers, how one dealer is expanding its agronomic services, Deere & Co.'s fourth quarter and fiscal year 2018 results and an improvement in dealers' used equipment inventories.

In this episode of the Ag Equipment Intelligence podcast, Editor/Publisher Dave Kanicki is joined by Nathan Kauffman, vice president and Omaha Bank executive with the Federal Reserve Bank of Kansas City and Kansas City Fed’s principal expert in agricultural economics.

In this podacast, we report on an improvement in producer sentiment according to the latest Ag Economy Barometer from Purdue University. We also discuss the new agreement between Farmers Edge and CNH Industrial. A number of manufacturers and dealers reported their latest earnings in the last week, including Cervus Equipment, Rocky Mountain Dealerships, AGCO, CNH Industrial and Alamo Group. In addition to its third quarter earnings, Rocky Mountain also announced plans to open an outlet store for late-model used equipment in the U.S.

In this podcast we look at how dealers' sales outlook for 2018 compares to that of the OEMs, cyber-based security threats to precision farming and an increase in non-real estate farm loans. In addition, we look into the University of Missouri's Food and Agricultural Policy Research Institute's forecast for net farm income in 2018 and 2019, North American ag equipment sales through the first three quarters of 2018 and an improvement in irrigation equipment sales for Lindsay.

In this podcast we discuss the impact the new United States-Mexico-Canada Agreement could have on the U.S. dairy market. We also discuss some of the results of Ag Equipment Intelligence's recently published 2019 Dealer Business Outlook & Trends report, including dealers' outlook for profitability in 2018 and hiring plans. Other topics covered include an uptick in credit denials for farmers and the opportunity for ethanol in China.

In this episode of the Ag Equipment Intelligence Podcast, Ag Equipment Intelligence Editor/Publisher Dave Kanicki is joined by George Russell, a founding member of the Machinery Advisors Consortium, to discuss the 2018 'Big Dealer' Report. A joint project between Ag Equipment Intelligence and the Machinery Advisors Consortium, the annual 'Big Dealer' Report is the only report of its kind that examines the ongoing ownership changes and consolidation trends of North America’s largest farm equipment dealers — defined as those with 50 or more locations. Listen along as Kanicki and Russell dissect the report’s findings and offer insight and perspective on what the changes mean for the industry.

In this podcast, we report on the leadership change at Buhler Industries and provide a look at some of the damage caused by Hurricane Florence in North and South Carolina. In this week's Technology Corner segment, Jack Zemlicka takes a look at Redline Equipment's test plot in gas City, Ind. Other topics include worldwide tractor sales for the first 8 months of the year, preliminary results to Ag Equipment Intelligence's 2019 Dealer Business Outlook & Trends survey and the competition in the combine market.

In this podcast, we examine how farmers are responding to $12 billion aid package introduced by the Trump Administration and Smart Ag's new autonomous technology aftermarket kit. We also cover Titan Machinery's solid second quarter gains, results from Farm Equipment's first ever Marketing Expenditures survey and what new Case IH Vice President of North America Scott Harris sees as priorities for the company, and it's customers.

In this podcast we report on Deere & Co.'s third quarter earnings, which saw net sales increase 32%. In the Technology Corner, Jack Zemlicka discusses precision farming dealers' 5-year investment projections. With uncertainty stemming from tariffs, trade and commodity prices we also look at how manufacturers, dealers and producers are responding. Finally, according to the Federal Reserve Bank of Minneapolis, farm income, capital spending and farmland values are all down.

In this podcast we review the latest round of earnings reports of farm equipment manufacturers, which seem to be following the same trend of strong sales growth as many other industries. We also take a look at some other ag-related earnings, pay a visit to Horsch's new demonstration farm in Illinois and review the effects from a Trump Administration farm aid package.

In this podcast we dive into a new report from Goldman Sach's on the $240 billion market that exists for precision farming technology to address the 70% increase in food production by 2050, Farmobile's acquisition of Prime Meridian, an increase in landscapers equipment spending, Deere's June retail sales, Art's Ways second quarter earnings and Clean Seed Capital's acquisition of Harvest International.

In this podcast, we talk with Rocky Mountain Equipment president Garret Ganden about the dealership's ambitious growth plan. We also take a look at precision farming dealers' outlook for the year and the results from the June Ag Economy Barometer. We also caught up with Curt Blades, senior vice president of of agriculture for the Assn. of Equipment Manufacturers about the first 6 months of 2018 and his outlook for the second half of the year, as well as 3 trends to watch that will have a significant impact on agriculture in the near future.

In this podcast, AGCO reveals its Ideal combine to North America — the first “clean-sheet” design of an axial combine in the industry in decades. In this week’s Technology Corner segment, we take a look at the challenges dealers face in recruiting and retaining precision service technicians. We also take a look at how large ag equipment sales rebounded in May and how Deere’s retail sales compared to the industry average, the changes in machinery values on Illinois farms over the last 10 years and a deterioration of European dealer sentiment in June.

In this podcast we explore the possible outcomes of Deere's lawsuits against Precision Planting and AGCO, how high-speed ISOBUS will expedite plug & play compatibility, Titan Machinery's first quarter earnings for fiscal year 2019, and rancher sentiment and changes to the Financial Accounting Standards Board's accounting standards for companies that lease equipment.

In this podcast, we discuss the results of McKinsey & Co.’s farmer behaviors survey, Western Equipment’s new facility, SEMA Equipment’s consolidation, United Ag & Turf’s merger, bankers’ increased optimism of ag prospects, the new partnership between Farmers Edge and Raven Industries, Rocky Mountain Dealerships’ and Cervus Equipment’s first quarter earnings, and John Deere’s second quarter earnings.