It would seem that the lackluster pace of U.S. farmers’ spending for big ticket items, most notably equipment, during the first half of the year will continue into the second six months of 2015. Nonetheless, USDA is reporting that farmers are expected to continue to maintain solid balance sheets, which is a good sign, for the most part.
While overall farmland values, which remain the asset anchor of producers’ balance sheets and give farmers their…
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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.
