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Nebraska Power Farming Show Surprises!

Nebraska Power Farming Show Surprises!

[Author: Tom Junge, 01.17 | Keywords: Iowa Field Notes, Nebraska Power Farming Show] No one was more surprised than me at the terrific outcome of the 10th Annual Nebraska Power Farming Show held December 6-8 in Lincoln, Nebraska. Prior to the show, I spoke with several exhibitors who reported uncharacteristically low attendance at both the summer… Read More »

Are We There Yet?

[Author: Tom Junge, 11.2016 | Keywords: Iowa Field Notes, State of the Industry] Are we there yet? Weíve all been asked this before, especially when traveling by car. Iím a numbers guy. When Iím driving I often find myself calculating the Estimated Time of Arrival (ETA) in my head so I can blurt out the… Read More »

Farmers Will Likely Receive ARC-CO Checks in October for 2015 Crops

[Author: Tom Junge, 09.2016 | Keywords: Iowa Field Notes, ARC-CO Checks] The government program referred to as ARC-CO, will likely be adding revenue to farmers this fall for the 2015 corn and soybean crops. The maps below (compliments of AgriSource) show expected county payments for corn and soybean crops as of August 17, 2016. The… Read More »

It’s Time for a Change in How We Determine Equipment Values

[Author: Tom Junge, 07.2016 | Keywords: Iowa Field Notes, Equipment Values, Change] Not too many years ago (maybe 5 or 6 years), dealers used the “Official Trade-In Guide” to determine the value of equipment. Depending on the condition of the equipment, dealers primarily used Retail Price or Trade Premium. When the ag industry boomed, trade-in… Read More »

Changing Times: Require Dealers to Change Business Practices

Changing Times: Require Dealers to Change Business Practices

[Author: Tom Junge, 05.2016 | Keywords: Iowa Field Notes, Change] During my visits with dealers, many have brought up the old saying ìbad habits are learned in good times.î Dealers are starting to recognize that they have developed bad habits or ignored good business practices during the robust years of the ag economy. Many are… Read More »

Remembering “the 80s”

Remembering “the 80s”

[Author: Tom Junge, 03.2016 | Keywords: Iowa Field Notes, The 80s] Most dealers agree that ag conditions today are not the same as they were in the 1980s due to lower interest rates and lower farm debt. However, dealers continue to debate whether or not the farmerís need to own equipment has been satisfied today more… Read More »