The organic market has seen continued growth in retail sales in the past decade. U.S. organic retail sales increased by an average of 8% per year and surpassed $53 billion in 2020 (inflation-adjusted to 2021 dollars). In 2021, sales were $52 billion, which was a 6% annual decline when adjusted for inflation, but a slight increase when not inflation-adjusted. Additionally, the number of certified organic acres operated increased gradually from 3.6 million…
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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.
