Data from Statistics Canada on Canada’s agricultural implement manufacturing industry (NAICS 33311) reveals that 77.5% of all Canadian ag implement manufacturing exports went to the U.S. in 2021. The total value of those exports was $1.74 billion, up 24% from $1.4 billion in 2020. Canada’s ag implement exports to the U.S. have risen at a faster rate (+48.6%) than its overall ag implement exports (+46.7%) to all countries over the last 5 years. Australia received…
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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.
