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Equipment dealers name cross-border payment provider

Cambridge Global Payments, a Fleetcor company and provider of integrated cross-border payments and currency risk management solutions, has been named by the ....

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Farm equipment sales on the rise in 2021

By Jim Smalley
May 31, 2021 | 5:21 AM
Farm equipment sales have been strong in Canada following a good year for crop production and prices in 2020.
The Coronavirus helped to boost worldwide demand for grain.
The CEO of the Western Equipment Dealers Association, John Schmeiser, says the supply chain remains under pressure to meet farm equipment demand.
“We have close to 60 percent of our dealers reporting that they have ordered more equipment for 2021. with 21 percent of dealers increasing orders by more than 10 percent,” said Schmeiser. “These numbers are the highest that we have seen in the past 5 years, and very much so another healthy indicator for the industry.” ....

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Ritchie Bros. conducts 71 farm auctions in 30 days, generating CA$104 million

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Learn more at Ritchie Bros. Canadian Agriculture Industry Panel on May 10 at 11 a.m. Pacific
SASKATOON, SK, May 5, 2021 /PRNewswire/ - Every spring, Ritchie Bros. holds dozens of farm retirement dispersals across Western Canada. Traditionally the company would drive from farm to farm as a travelling auction company, but in Spring 2021 all bidding is conducted online via Timed Auction or with an auctioneer, and it s paying off for consignors.
We registered more than 160,000 bidders and attracted more than 1.6 million online equipment views for our spring 2021 agricultural events, said Jordan Clarke, Sales Director, Ritchie Bros. As a result, equipment pricing in March and April was very strong in Canada, with buyers pushing hard on almost every asset category. ....

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