• Willie Vogt

    More Signs of Farm Optimism

    Farmer Iron

     by Willie Vogt
     on May 29, 2012

    Equipment Industry Analyst Henry Kirn, conducted the 30th survey of US. farm equipment dealers recently. Last week we ran through some of the numbers from the report talking about how dealers are pretty upbeat. This week a look at Part 2 of the survey shows that the industry is keeping a lid on inventories and prices are firming too. In the survey more than half reported that new product prices were "firming" while only 1% saw "weakening prices" that's significant to your buying plans. Whether…

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  • Willie Vogt

    Farm Equipment Dealers Upbeat

    Farmer Iron

     by Willie Vogt
     on May 21, 2012

    In agriculture there's always the "other foot" syndrome. When things are going really well we're waiting for that other foot to drop on us, cutting the value of a crop or hitting in some other way. Dairy farmers know what I mean (sorry). But for now in the farm equipment business, it appears that a lot of dealers still see good times ahead. In an ongoing dealer survey conducted by UBS Investment Research, it appears that not only do a majority of dealers see strong demand in 2012, they're…

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  • Willie Vogt

    More than a Birthday - Can You Say Sescquicentennial?

    Farmer Iron

     by Willie Vogt
     on May 15, 2012

    During a speech by Secretary of Agriculture Tom Vilsack he commented that while things look bad today he looks back on the way things were 150 years ago. That's when President Abraham Lincoln created the Department of Agriculture, every farmer's USDA friend. While Congress is bickering over spending, and pretty much everything else these days, Lincoln and that forward thinking Congress created this new department. And it thrives today, more "nutrition program" than "agriculture program" this…

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  • Willie Vogt

    Getting a Big Act Together

    Farmer Iron

     by Willie Vogt
     on May 8, 2012

    What do you say about a company that for a few years didn't appear to be pushing its way toward bigger market shares? Companies fail all the time, but if you're the subsidiary of a global conglomerate with a solid reputation of production and engineering, failure might not be an option. This week my colleague John Vogel offered a report on New Holland in what he called the company's extreme make-over. Of course to admit that is to admit that the house needed remodeling in the first place…

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