Despite a strengthening U.S. economy, the agricultural sector has been mired in a prolonged downturn alongside persistently low commodity prices and elevated input costs. Financial stress has continued to build for some producers amid the stagnation and profit opportunities have remained limited. Maintaining sufficient liquidity in the midst of cash flow shortages has remained a top priority for producers and lenders as interest rates have also begun to rise at a modest pace.
During this…
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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.
