A 23% surge in tillage equipment sales to growers in the U.S. helped Lemken maintain 2019 revenues at the same level as in the prior year. Global sales reached €380 million ($410 million), making the 12 month period ended December 2019 equal to the best year ever for the German manufacturer.
“As a result, the family business has successfully navigated the economic downturn suffered by the wider German agricultural technology industry, which has shrunk by…
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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.
