According to the Jan. 3 update to the Purdue University Ag Economy Barometer, the barometer's reading rose to 126 in December, up from 102 in the month prior.
According to the latest Ag Economy Barometer from Purdue University, 40% of growers who said now is a bad time to make large investments were most worried about the rising prices of farm machinery and new construction.
According to the latest update to the Ag Economy Barometer from Purdue/CME Group, the Farm Capital Investment Index hit another record low reading in September at 31.
According to the Aug. 2 update to the Ag Economy Barometer from Purdue University, 44% of farmers said increases in prices for farm machinery and new construction was their primary reason to consider it a bad time to make large investments in their farm operations.
In this episode we take a look at how used tractor prices continue to increase while inventories remain low. In the Technology Corner Michaela Paukner breaks down the technology plans for strip-tillers based on Strip-Till Farmers 2022 benchmark study. Also in this episode: NAEDA completes its merger, the forecast for China tractor sales over the next 5 years, Purdue's Farm Capital Investment Index remains at a record low, and we introduce the pilot episode of our new docuseries Stories from Independent Ag Equipment Innovators.
According to the results of the latest Ag Economy Barometer update from Purdue University, the Farm Capital Index showed a reading of 35, the lowest reading in the last 6 years.
According to the results of the latest Ag Economy Barometer, the Farm Capital Investment Index dropped to a reading of 36, the lowest reading recorded in the last 6 years.
According to the results of the latest Ag Economy Barometer, over 40% of surveyed farmers reported "low farm machinery inventories were holding back their purchase plans."
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.