Dealers are reporting a “significantly improved environment for new equipment pricing,” according to the most recent survey by UBS Investment Research of U.S. farm equipment dealers. The report, which was released to investors on May 26, showed that 68% of farm equipment dealers nationwide reported new equipment prices were “Firming,” while 5% saw “Weakening” prices. The remaining respondents report that pricing was “Stable.”
“Dealer responses to this question were the most positive in the 12-year…
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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.
