In today’s newscast, we discuss some of the results of the 2017 Cost of Doing Business Study, an increase in demand for ag lending, creating a more flexible precision farming service team and a comparison of U.S. and Canadian dealer outlooks for the year ahead.
North American farm equipment dealers lowered their forecast for 2017 sales in September. According to the latest Dealer Sentiments & Business Conditions Update survey, in September on average, dealers are forecast sales to be down 8% in 2017.
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.
This newscast kicks off with a status update on the tax extender bill impacting Section 179 expensing limits. The bill was approved by the U.S. Senate and House of Representatives and now moves to the President's desk.
In our latest newscast we take an inside look at the Cuban ag market, what it means for manufacturers if the U.S. Export-Import Bank is not reauthorized, dealers' 2016 outlook for precision farming sales and how worldwide tractor sales compare to North America.
In today’s newscast we report on the results of the latest Dealer Business Trends & Outlook report, how the lifespan of precision farming equipment compares to machinery, a drop in ag equipment demand in 2015 and how 2014 equipment sales stack up against the 5- and 10-year averages.
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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.