In the past 2 weeks, USDA issued two major crop reports that indicate that farmers will be planting slightly fewer overall acres this year than in 2008 and that prices for major crop commodities are at above last year’s prices.
If these forecasts hold up, farm equipment sales may hold up better than many industry observers have been suggesting during the past few months.
On March 31, USDA released its annual Prospective Plantings…
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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.
