The level of early orders in late summer and early fall for farm machinery is considered a reliable indicator for farmers’ buying intentions for the coming year. That being the case, 2016 doesn’t look particularly promising.
Preliminary results from Ag Equipment Intelligence’s 2016 Dealer Business Outlook & Trends survey indicate that early orders for farm machinery dealers are down again, following the trend from a year ago.
Nearly 300 dealers participated in the survey…
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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.
