Headwinds created by lower commodity prices and a strong U.S. dollar continued to challenge ag equipment manufacturers through the first half of this year. This was reflected in their quarterly earning reports that were issued over the past few weeks.
While industry outlook picked up when corn crossed the $4 per bushel line last month and soybeans topped $10 per bushel, USDA’s Aug. 12 World Agricultural Supply and Demand Estimates report, brought that sentiment to…
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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.
