“A rapid, meaningful shift is occurring in U.S. ag as extreme weather overshadows the Trade War,” Mircea (Mig) Dobre, RW Baird analyst, wrote in a June 16 note to investors, in which he upgraded prospects for both Titan Machinery and Deere & Co. to “outperform.” Just a little over a month ago, Dobre had downgraded the ag equipment dealership group and the equipment manufacturer to “neutral” based on eroding farmer sentiment, deteriorating grain prices as…
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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.
