If historic farm spending patterns hold true in 2012, ag equipment dealers and manufacturers can expect another outstanding year for machinery sales.
In its August 30 report, USDA forecast both farm net income and net cash income will exceed $100 billion for the first time during 2011. At $103.6 billion, the revised net income projections are 31% higher than the agency’s 2010 outlook. The forecast also calls for farm cash net income to increase by…
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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.
