Lot No. 001 · Dealer Row Weekly
Farm equipment dealer news: dealer consolidation, finance, parts and service, and precision ag, with every story linked to its source.
A week of farm equipment dealer news, boiled down to one email. Every Monday morning, free.
Sign up for email updatesBenzinga reports AGCO cut third-quarter production 19% and lowered 2026 adjusted EPS guidance to about $5.50; industry tractor retail through September fell 9% in North America.
The Herald Business reports South Korea's farm ministry revised its machinery certification notice, effective Nov. 6, to cover driverless and electric equipment.
AED puts about 10,000 technician roles short a year at dealers, at $7 billion. Here is how the formula is built.
The FTC and USDA asked for public comment on farm equipment on October 7, including dealer territories and consolidation; comments are due December 7.
Brothers Machinery, sponsored by Timberline Holdings, bought the Bobcat dealer Gulf Coast Bobcat from Lyle Machinery in September; terms were not disclosed.
In a January Purdue and CME survey, over half of corn and soybean producers named debt as the principal use of bridge payments and 12% named machinery. USDA forecasts government payments up $19.5 billion to $47.4 billion, and CNH says its market is at a trough.
A DTN tax columnist says many people are exploring leasing with commodity prices low and interest rates high, and that the IRS may treat a lease as a purchase if its terms are too aggressive.
Dealer trade groups NAEDA and AED intend to merge under the name Associated Equipment Dealers, subject to a dealer-member vote, with January 2027 as the target.
CNH Industrial reported second-quarter 2026 net income of $141 million, down from $217 million a year earlier, as North American retail demand for tractors and combines fell sharply even though consolidated revenue rose 2%.
The Federal Trade Commission and five state attorneys general asked a court to enter a stipulated order settling their right-to-repair lawsuit against Deere & Company, requiring it to give farmers and independent shops the same repair resources authorized dealers get, for the next 10 years.
RDO Equipment Co. agreed to acquire True North Equipment's eight John Deere agriculture stores across North Dakota and Minnesota, bringing roughly 200 employees into RDO and consolidating dealer territory across the Red River Valley, pending John Deere's approval of the deal.
USDA's Economic Research Service put 2026 US net farm income at $158.4 billion, down 2.6% from 2025, as higher crop receipts and a near-70% jump in government payments only partly offset a 5.4% drop in livestock receipts and rising costs.