Nearly two-thirds of farm equipment dealers surveyed in early February expect higher interest rates on retail equipment will cause their farm customers to think twice before deciding to buy new equipment in 2018.
Ag Equipment Intelligence editors’ discussions with ag lenders, as well as reports from various districts of the Federal Reserve Bank points to probably 3 increases during 2018 of about 0.25% each, or less than a 1% overall in rate increases for the…
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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.
