Dealers Target Precision Growth Needs

Posted Jul 14, 2016 in Blog & Industry News

CURRENT PRICE

FEATURED NEWS

Clean Seed Capital Group Premieres “The Seed of an Idea - Grows the Next Generation”...
Read More

Subscribe

Subscribe below to get the latest
industry and Clean Seed Capital news.


Sign Up

CURRENT PRICE

FEATURED NEWS

Clean Seed Capital Group Premieres “The Seed of an Idea - Grows the Next Generation”...

Subscribe

Get the latest industry
and Clean Seed Capital news.

As farm equipment dealers continue to emphasize areas of opportunity, precision growth remains a priority for many. So what areas are dealers targeting as long-term precision profit centers?

According to the recently published 4th Annual Precision Farming Dealer benchmark study, dealers view variable-rate systems, seeding and application technology as their best bets for increasing revenue during the next 5 years.

Based on a categorical evaluation by dealers, variable-rate planting and fertilizing technology topped the list with 64% identifying this area as most important or important for precision growth.

Source - On The Record: Dealers Point to Improvements in Sales and Outlook

Ranking second was planter and seeding control systems at just over 60%, followed by application technology hardware at about 52%. Rounding out the top 5 were data management service at 46% and GPS and guidance systems at about 42%.

Looking at how these rankings compare to last year’s benchmark study, variable-rate technology again topped of the list, with more than 70% of dealers viewing this area as most important or important. Planter and seeding control ranked second at just over 58%, followed by a third place tie between application technology and data management service, both with about 55%.

Rounding out the top 5 last year, were GPS and guidance at 50% and signal subscriptions at about 46%.

Even as dealers begin to transition into more service-based revenue sources, it’s clear that many will continue to rely on hardware and components as the backbone for precision revenue in the coming years.

Click here to see more.

Clean Seed along with our friends at Rocky Mountain Equipment are counting down the days to the start of Ag in Motion - Western Canada's Outdoor Farm Expo! Clean Seed is proud to be a part of the 2016 Ag In Motion Opening Ceremony @ 10am July 19th along with one of our award winning SMART Seeders opening the shows LIVE demonstration programs.

STAY UP TO DATE WITHTHE LATEST NEWS


Clean Seed Capital Group Premieres “The Seed of an Idea - Grows the Next Generation”

Dec 9, 2020

Clean Seed Broadens Patent Protection Expanding IP Portfolio

Nov 25, 2020

Clean Seed Capital Appoints Former Raymond James Managing Director Glenn Gatcliffe To Its Board of Directors

Nov 5, 2020

Clean Seed Extends Warrants

Oct 30, 2020

Clean Seed Reports License Revenues of $5,202,500

Oct 27, 2020

Kelsey Letham Joins the Clean Seed Team

Oct 7, 2020

Clean Seed Extends Warrants

Sep 4, 2020

New Clean Seed comes from a clean slate

Aug 7, 2020 - Western Producer

Seeder and planter: new unit from Clean Seed ups the ante

Jul 21, 2020 - Real Agriculture

Clean Seed Appoints Deloitte as Auditor

Jul 7, 2020

Clean Seed Capital Finalizes US$5M Transaction With AMVAC With TSX Venture Exchange Approval Of US$2.5M Private Placement

May 12, 2020

Clean Seed Capital Group Ltd. Retains Renmark Financial Communications Inc.

May 6, 2020