MIP #431 Trends in Crop Mix and Equipment Demand with Nathan Gamble and George Callan

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Summary

In this episode of the Moving Iron podcast, Casey Seymour interviews Nathan Gamble and George Callan from AgPro. They discuss the current trends in the agriculture industry, including crop mix and equipment demand. They also discuss the challenges and opportunities in the used equipment market, particularly in the cotton picker and tractor segments. The conversation touches on topics such as equipment allocation, inventory management, and the impact of COVID-19 on the industry. The guests also mention upcoming events and programs in the agriculture equipment market.

Keywords

agriculture industry, crop mix, equipment demand, used equipment market, cotton picker, tractor, equipment allocation, inventory management, COVID-19, events, programs

Takeaways

The Southern group of AgPro primarily deals with cotton and peanuts, while Ohio focuses on beans and corn.

The cotton picker market is dominated by John Deere, with limited competition from international companies.

The used tractor market has shifted from 7-series to 8-series tractors as the need for 7-series tractors has decreased.

The wholesale market for agricultural equipment has slowed, with tractors requiring competitive selling pricing.

The COVID-19 pandemic has disrupted the supply chain and inventory levels, leading to challenges in the equipment market.

There is potential for equipment rebuild centers to emerge, offering remanufactured equipment as an alternative to buying new.

The election year adds uncertainty to the market, but there is hope for improvement as the year progresses.

The Moving Iron Summit is a valuable networking event for industry professionals to connect and build relationships.

Sound Bites

"The Southern group of AgPro primarily deals with cotton and peanuts, while Ohio focuses on beans and corn."

"The cotton picker market is dominated by John Deere, with limited competition from international companies."

"The used tractor market has shifted from 7-series to 8-series tractors, as the need for 7-series tractors has decreased."

Chapters

00:00 Introduction and Background

05:50 Shift from 7 Series to 8 Series Tractors

25:41 Value of Networking at the Moving Iron Summit

Click To Watch:

https://youtu.be/P1Z1CWNi21k

Presented By @AxonTire @AgDirect @IronSolutions @randallreilly @Fusable @Valleytransinc

Music By: @TalbottBrothers

Host: @casey9673

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