On Monday, May 10, 2021, Ritchie Bros. hosted two one-hour online industry panels, where experts from Ritchie Bros. and industry guests discussed trends impacting the Canadian construction & agriculture industries including details around historical and current supply and demand metrics, pricing trends, commodity prices, and more.
In this one-hour long Agriculture Panel, Matt Ackley, host and Chief Marketing Officer, Ritchie Bros. and a team of industry experts discuss the following topics around heavy equipment trends in the agriculture farming industry:
- Economic industry overview - what to expect in the next 6-12 months in Canadian agriculture
- Types of farm equipment in high demand in Canada
- How COVID-19 altered the farm auction business
- Right to modify/repair legislative efforts & what you can do to protect yourself
- Current issues and concerns for farmers in Canada
Agriculture panelists include Craig Klemmer (Principal Agriculture Economist, Farm Credit Canada); John Schmeiser (Chief Executive Officer, Western Equipment Dealers Association); Kevin Tink (Auctioneer & Senior Advisor); and Jordan Clarke (Sales Director, Ritchie Bros.)
Let us know what you thought about our Inside Edge Industry Canadian Agriculture Panel in the comments section!
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▬ Contents of this Video ▬
00:00 Introduction
01:25 Meet our agriculture panelists
04:45 Agenda of topics
05:38 Canadian agricultyre economic industry review
19:45 Types of farm equipment in high demand
25:58 How Covid-19 has altered the farm auction business
32:10 Right to Repair/Modify legistlation
38:14 Current issues and concerns for farmers
41:56 Tools and tips to help farmers and dealers
43:32 Questions and Answers
▬ About Ritchie Bros ▬
#RitchieBros is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets.
Our selling channels include: Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer offers live auction events with online bidding; IronPlanet, an online marketplace with featured weekly auctions and providing its exclusive IronClad Assurance® equipment condition certification; Marketplace E, an online marketplace offering multiple price and timing options; Mascus, a leading European online equipment listing service; and Ritchie Bros. Private Treaty, offering privately negotiated sales.
#InsideEdge #IndustryNews #EquipmentData #EquipmentTrends #HeavyMachinery #HeavyEquipment #Agriculture #FarmEquipment #FarmingIndustry
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