Production and sales of German ag machinery is in “high gear” as increasing demand continues as measured by current incoming orders, according to VDMA, the German Agricultural Machinery Assn. Overall sales of farm equipment in 2011 rose by 27% to $9.2 billion, which approached the all-time highs seen in 2008.
“The speed with which orders received by agricultural machinery manufacturers climbed again surprised us. A year ago we did not anticipate such a significant upswing,”…
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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.
