What drives demand for shortline farm equipment?
According to the results of the first Ag Equipment Intelligence-Baird survey of shortline manufacturers, two-thirds of respondents say equipment replacement and/or farm income are the main drivers for sales.
Mircea (Mig) Dobre, analyst with RW Baird, notes that “Replacement demand continues to build with an aging outstanding farm fleet; farmers are holding off on purchases due to business uncertainty. Farm income is expected to be consistent given…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.
