Farm plows, harrows, rollers, pulverizers and attachments reported the greatest year-over-year price increase in April, up 16.1% from April 2022. Commercial turf & grounds care equipment, including parts & attachments, had the highest month-over-month price increase at +0.7%.
Source: U.S. Bureau of Labor Statistics, April 2023
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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.
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