While strong demand for grain commodities for food and fuel has kept the manufacturers that produce big farm machinery largely insulated from the economic collapse that has pummeled nearly every other industry, one analyst believes the U.S. recession may finally be catching up with ag equipment.
Robert McCarthy, analyst for R.W. Baird, views the growing inventory of big farm equipment, along with the relatively young age of the North American fleet and projected declines in…
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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.
