The latest episode of Ag Equipment Intelligence’s On the Record is now available! In this week's episode we discuss the impact the new Unites States-Mexico-Canada Agreement could have on the U.S. dairy market. We also discuss some of the results of Ag Equipment Intelligence's recently published 2019 Dealer Business Outlook & Trends report, including dealers' outlook for profitability in 2018 and hiring plans. Other topics covered include an uptick in credit denials for farmers and the opportunity for ethanol in China.
Dealers looking for indicators of when the current boom in farm equipment sales may be softening should look at any signs that the value of farmland may be weakening. In terms of both accumulated cash and high levels of asset values, the current wealth of U.S. farmers may be unprecedented.
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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.