Agricultural products account for an increasing share of total U.S. imports. From fiscal years (FY) 2004 to 2023, the value of U.S. imports of agricultural products rose an average 3.7% annually
In Claas’ recently released annual report, the company reported revenue of $6.7 billion in 2023, a 25% year-over-year increase from $5.4 billion in 2022.
Titan Machinery reported its second quarter earnings for its fiscal year 2024 on Aug. 31, including $678 million in ag equipment sales for the first half of its fiscal year.
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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.