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Top Dealership Minds Gather in Iowa City, Iowa to Discuss Strategies for Improving Absorption at the 11th Annual Dealership Minds Summit

The 2025 Dealership Minds Summit, held at the Hyatt Regency Coralville Hotel & Conference Center in Iowa City, Iowa, on July 29-30 drew a crowd of over 200 attendees — including 130 first-timers — from 49 different dealerships across the United States and Canada.

Centered on the theme of “The Fully Absorbed Dealer,” the program featured 2-days of dealer-to-dealer roundtables sessions, panel presentations, general sessions, breakout classrooms and intense networking opportunities.

Farm Equipment executive editor Kim Schmidt noted during opening remarks that attendees would head home with actionable ideas to share with the rest of their management team back at the dealership, and based on feedback she received from those in attendance, the Dealership Minds Summit delivered.

“Beyond just the informative sessions, one of the aspects of the Summit that always stands out for attendees are the roundtable discussions and networking opportunities. And from what I heard from dealers in attendance, this year was no different. I had numerous attendees, including what I can recall is the most CFOs we’ve had join us in a single year, tell me how refreshing it was to be in a room with innovative, open-minded dealers who were willing to share their successes and failures, regardless of color and competition, to help improve the industry as a whole,” says Schmidt. “This is always two of my favorite days of the year and I was very pleased to see, and be part of, many thought provoking and idea-sharing conversations over the last two days.”

Among the highlights of the 2025 Dealership Minds Summit were an energizing “Upselling Parts & Service” session led by Dean Devore, General Manager of Parts Academy; the "fan-favorite" Dealership of the Year Alumni panel that featured a candid conversation about the successes and lessons that have propelled these dealer groups to industry-best status; the 3rd annual Mark Kreps & Steve Connelly Memorial Lecture; and a special awards ceremony that officially welcomed several members of the Farm Equipment Dealer Hall of Fame: Wayne Hunt (H&R Agri-Power Chairman of the Board and CEO), and the families of the late Bob Mazer (Mazergroup) and Ray Koenig (Koenig Equipment).

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Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”

Video: Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”


After a week of a U.S./China trade truce, markets/trade is skeptical that we have not seen a signed agreement nor heard much from China or seen any details. There are rumors that China is buying soybean futures & not the physical. Trust in Trump?
12 MMT of U.S. soybean purchases by China by year-end is better than 0 but we all need to give it more time and give it a chance to unfold. China did lower the tariffs on Ag and is buying U.S. wheat and sorghum.
U.S. supreme court could rule against Trumps tariffs, but the Trump administration does have a plan B.
U.S. government shutdown is now the longest in history at 38 days.
But despite a U.S. government shutdown we will be getting a USDA November crop report next Friday and it could be “game changing.” If the USDA provides a bullish surprise with lower U.S. corn and soybean yields and ending stocks that are lower than expected both corn and soybean futures will break out above their ceilings at $4.35/bu and $11.35/bu respectively.
The funds continued their selling in live and feeder cattle futures on continued fears that the Trump administration want to lower U.S. beef prices. The fundamentals have not changed, only market psychology has.
Stocks markets continue to worry about a weak U.S. job market, but you can blame ChatGPT for that. In the future, we will have a more efficient, productive and growing economy with a higher unemployment rate until we have more skilled AI workers.
After 34 new record highs in the S & P 500 and 124 new records in the NASDAQ in 2025 we are back to a correction and investor profit taking as AI valuations may have gotten too stretched near-term ahead of NVDA’s 3rd quarter earnings announcement on Nov. 19th. But this is not an AI bubble.
75% of Tesla shareholders approved a $1 trillion pay package for Elon Musk!
It has rained in South America in the last 7 days, but both the American and European models agree that Central Brazil remains dry in the next 14-days!