While North American sales of large farm equipment maintained its strong growth trend in seasonally important March, sales of compact tractors showed its first positive signs in nearly 2 years.
During a conference call with JP Morgan investors on April 14, Richard Guse, a corn and soybean farmer from Waseca, Minn., said, given current profitability, he expects to continue to roll his equipment annually unless corn falls below $3 a bushel.
The first list of farm equipment “Big Dealers” that appeared in the April 2009 Ag Equipment Intelligence showed 151 dealer groups that operated 5 or more stores.
Perhaps the most reliable tool for industry forecasters to base their prognostications on trends in the sale of farm equipment sales is the situation in grain pricing.
Here’s what we learned about salaries, stock awards, stock options, pension value, nonqualified deferred compensation and other forms of incentive plan compensation.
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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.