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Latest Rate Cut Offers Floorplan Interest Relief

November 15, 2024 | Posted in Ag Equipment Business, Data & Trends

On Nov. 7, the Federal Reserve cut its key interest rate by a quarter point in response to the steady decline in inflation. This cut followed a half point reduction in September.

Interest Rate Cuts Likely Coming in Fall

August 15, 2024 | Posted in Analysis & Commentary

The Federal Open Market Committee (FOMC) — the policy setting arm of the Federal Reserve — voted unanimously to hold interest rates unchanged at their current 5.25% — 5.5% target in July.

How Interest Rate Cuts Could Impact the Ag Equipment Industry

April 15, 2024 | Posted in Equipment & Equipment Sales

The Federal Reserve has hinted at possible interest rate cuts in 2024, according to recent reports.

AEI Newsmakers: February 2024

February 15, 2024 | Posted in Farming Practices, Technology

Wisconsin Battery Co. announced in December the acquisition of 17 acres in Portage, Wis...
The Milwaukee Business Journal published a list of the largest nonprofits in the state of Wisconsin on Feb. 9. The Assn. of Equipment Manufacturers (AEM) topped the list in annual revenues of $35.7 million...
AGCO’s critical upgrades to its Hesston facility went live on Jan. 1, and the company brought back the first group of employees returning from furlough in the first week of January...
In its Feb. 8 WASDE report update, USDA’s 2023-24 U.S. ending stocks are estimated at 2.172 billion bushels of corn (vs. consensus 2.149 billion bushels)...
The prospects of interest-rate cuts were clouded by a Feb. 13 Federal Reserve report that inflation remained higher than expected...
Hay and forage equipment manufacturer H&S Manufacturing announced the closure of its Clintonville, Wis., facility, ...
Canadian seeding technology manufacturer Clean Seed Capital Group Ltd. announced Feb. 7 the signing of a technology license...
VDMA reported German tractor registrations down 1% year-over-year in January. Registrations in the 100+ horsepower category were down 4%...
CEMA’s general business climate index decreased to -52 in the February survey vs. -50 last month...

August 2020 Beige Book: Ag Continues to Struggle with Low Prices

September 4, 2020 | Posted in Data & Trends

The Federal Reserve Bank notes in its August 2020 Beige Book that economic activity increased among most Districts, but gains were generally modest and activity remained well below levels prior to the COVID-19 pandemic.

On The Record

JCB Makes Strides in Expanding Ag Dealer Network

By Kim Schmidt posted on March 19, 2015

In today's newscast we report on whether the Fed's announcement will impact farm equipment manufacturers, how the strong U.S. dollar is impacting exports, AgJunction's recent merger, JCB's expanding dealer network for ag equipment and worldwide tractor sales.

Borrowing for Rising Production Costs Could Limit Farmers' Equipment Spending

August 15, 2013 | Posted in Data & Trends

If 2013 farm production costs rise at the rates seen last year, U.S. farmers will need to take on more debt, which could curb spending on farm equipment in 2014. The Federal Reserve Bank of Kansas City reported in its July Agricultural Finance Databook newsletter that rising production costs prompted some agricultural producers to take on more debt.

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Claas Doubles Business in 5 Years, as Predicted

AGCO Pushes Dealer Purity, Cuts Production Amid Low Demand

Aftermarket Marks Bright Spot for Dealers in 2025 Forecast

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Dealers Expect Parts & Service Growth in 2025, Declines in Equipment Sales

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.

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