In an Aug. 14 note to investors, analysts at RW Baird spoke about their concerns regarding rising new inventory levels and flattening equipment prices and how it might affect publicly traded ag equipment companies’ business.
Large ag equipment sales were up 9.3% year-over-year in April, led by growth in 4WD tractors and combines, according to the latest data from the Assn. of Equipment Manufacturers.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.