After a small uptick in sales in the third quarter of 2019, ag equipment dealers are expecting year-over-year sales to rise by 2.6%, according to a survey by investment banking firm Stifel. About 150 dealers responded to the survey, which was the first dealer survey conducted by the firm.
In a note to investors, Stifel analysts reported that, on a weighted average basis, dealer sales increased 1.1% year-over-year in the third quarter of 2019. However…
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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.
