At the pinnacle of the precision farming boom, technology specialists were in high demand, while supply was relatively low. But as the farm machinery market has slowed, so too have precision hiring plans for most OEM dealers according to Ag Equipment Intelligence’s 2016 Dealer Business Outlook & Trends report.
Responding to questions about where the farm equipment industry is in terms of the machinery replacement cycle, Ann Duignan, machinery analyst for JP Morgan, revisited the USDA Census data from 2007.
Farm equipment maker AGCO Corp. likes small, USD 50-USD 100 million acquisitions, and may spend about USD 200 million on deals this year, its CEO said.
Integrity Sales & Services looks to take advantage of a strong farm equipment market by going public in a reverse merger with Proconcept Marketing, a deal which is expected to close as early as next week.
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.
There was plenty of technology on display at the World Dairy Expo in Madison, Wis., a few weeks ago. Farm Equipment editor Mike Lessiter caught up with Monarch Tractor’s John Issacson and got his take on the top 5 applications in autonomy right now.