Kim Schmidt

1 week ago | farm-equipment.com | Kim Schmidt

Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more. At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections.

1 week ago | farm-equipment.com | Kim Schmidt

This week’s DataPoint is brought to you by the Dealership Minds Summit, July 29-30. To view the program and register, visit DealershipMindsSummit.com. The number of farms in the U.S. continued its yearslong decline in 2024, reaching 1.88 million, the lowest in more than a century. After peaking at 6.81 million farms in 1935, the number of U.S. farms dropped sharply through the early 1970s and then began a slower decline.

1 week ago | farm-equipment.com | Kim Schmidt

Same-store tractor dealer revenues were flat year-over-year in March, following at least 11 consecutive months of year-over-year declines, according to the latest report from Constellation Dealer Insights. The report is based on a group of dealers who have reported their data over the previous 3 years. In March, these dealers reported revenues of $72 million, which was flat year-over-year, but up from $54 million in February and $52 million in January.

1 week ago | farm-equipment.com | Kim Schmidt

Representatives from over 30 dealers and members of the North American Equipment Dealers Association ascended on Capitol Hill this week for NAEDA’s Legislative Fly-In. The group met with around 25 legislators, to discuss the need for the Farm Bill to be updated, tariffs, the death tax, section 179 taxes section 199 A taxes and right to repair.

1 week ago | farm-equipment.com | Kim Schmidt

We’re talking tech with Vanderloop Equipment CEO Robb Vanderloop today. The Wisconsin AGCO dealership has been ahead of the curve when it comes to expanding its precision portfolio. And now, Vanderloop believes AI is a potential game-changer, not just for farmers, but for dealers, as it has the potential to make the technician’s job much easier.   “Our technicians today have to be really good to be able to do diagnostics on some of these systems.