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Agco Gleaner |
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soggybottomboy ![]() Silver Level Access ![]() Joined: 20 Feb 2018 Location: Iowa Points: 218 |
![]() ![]() ![]() ![]() ![]() Posted: 23 May 2023 at 10:01pm |
Well, we received a new Titan Trader magazine in the mail today. For those of you who are not familiar, Titan is a Case IH mega dealer with stores in 7 states in the Midwest and West. One hundred forty seven pages of used equipment for sale. I don't like the mega dealer concept, but that is the way things have gone for the most part. I counted 197 used combines for sale in the catalog, and not one Gleaner.
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tbran ![]() Orange Level ![]() Joined: 14 Sep 2009 Location: Paris Tn Points: 3522 |
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Sales have had a modest but steady increase during the time you mentioned. At some times all production was covered by retail orders. There have been some available that are not retailed as supply chain issues have eased a bit. Talked to a dealer who said custom cutter business remains strong and a bright spot . There will never be another Kevin - however the new young fellow in the videos is no slouch - really knowledgable and articulate.
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When told "it's not the money,it's the principle", remember, it's always the money..
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soggybottomboy ![]() Silver Level Access ![]() Joined: 20 Feb 2018 Location: Iowa Points: 218 |
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AGCO seems to keep a pretty low profile, at least around here anyway. It's good to hear that they are selling some combines.
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DougG ![]() Orange Level ![]() Joined: 20 Sep 2009 Location: Mo Points: 8338 |
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Agco,s interest is overseas,,, at least that was the story was a while back
Edited by DougG - 26 May 2023 at 7:25pm |
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tbran ![]() Orange Level ![]() Joined: 14 Sep 2009 Location: Paris Tn Points: 3522 |
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Well Agco's purchase of MF introduced them to the world. I remember Bob Ratlif telling of the first European meeting - Libia ( MF sold 30,000 tractor to Kaddafi who put hiis own licensed perkins engine in them) India, where Gandhi's nephew was the MF liaison to African nations galore who nationalized the tractor sales and on and on. He said he kept and old MF man by his side to explain all the introductions. He said he thought to himself ""what have I got myself into" . Then the purchase of Fendt which is the best selling tractor in Germany and many other nations, to the Fella knuverland group and on and on. Brazil is high profile MF as is Argentina. Then there is China - they build Gleaner R55's and Hesston balers there for Asian sale branded as MF. It pains me to say, the dealer organization which was decimated by the German occupation for 5 years, and then the early struggle with SAME before MF, has not been friendly to market shares enjoyed by them elsewhere in the world. Deere, Case and Kubota got a big headstart in the market. Agco's path to the future will be the AGRev company stores. They have a really good leader (from Deere) who is making great strides in finding the way to make company stores customer friendly. As old dealers die and or go broke or age to the point of not being aggressive - these will fill in the gaps in the next 15 years. ( you don't find many who fell off a turnip truck with 3 million in cash who want to marry a farm equipment business 24-7 for low single digit ROA's.) And for those who say well AGCO jerked my dealer's contract - there are laws against that without reasons. It gets complicated and there were some bad decisions made by bean counters over sales depts - bean counters win every time but very few dealers fall in this catagory.. Thats enough for now.
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When told "it's not the money,it's the principle", remember, it's always the money..
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