Besides reporting a 20% increase in net ag equipment sales in the second quarter (nearly 18% for the first half), the most encouraging news coming from CNH Industrial’s July 26 earnings report is its solid ag equipment order book going into the second half of the year. The company reported, “In the quarter, production levels were 12% above retail demand, in line with the order book, which is up approximately 15% compared to the prior…
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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.
