The strength of North American tractor sales during the last three years might lead one to believe that it’s always been this way, but dealers and others who have been around the business for more than a few years know better. Charting unit sales over just the past decade illustrates how dramtically business levels can shift in a relatively short period of time. These should remind everyone that this industry remains highly cyclical.
Looking ahead…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
