In its third quarter 2023 earnings reported Nov. 8, Kubota stated it made $10.1 billion in revenue for its farm equipment and engines segment in the first 9 months of the year.
Though 2024 will have its challenges, Lead Economist for Grains and Oilseeds at CoBank Tanner Ehmke thinks where ag equipment manufacturers should really be looking is 2025.
With the 2024 Farm Equipment Dealer Business Outlook & Trends survey complete and the results being tallied, what dealers are anticipating for the coming year is starting to become clear.
In its June issue, Farm Equipment published the Farm Equipment 100™, a list of the 100 largest ag equipment dealers in North America. Reproduced here are the top 25 dealers from that list.
Large ag equipment sales rose 17.4% year over year in May, led by combines and 4WD tractors, according to the latest data from the Assn. of Equipment Manufacturers (AEM).
Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.
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.