In an environment marked by trade conflicts, the coronavirus outbreak and ongoing low commodity prices, North American agriculture has few assurances about what’s ahead. The one thing that the equipment distribution part the industry can count on is dealer consolidation.
In the past year, the number of farm equipment dealerships that operate 5 or more ag store locations increased from 187 to 191. In the past 10 years, Ag Equipment Intelligence’s Big Dealer groups…
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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.
