Italy, the largest ag equipment producing country after the U.S. and Germany, will likely see an 11.9% decline in tractor exports by the end of 2018. This is according to FederUnacoma, the Italian Agricultural Machinery Manufacturers Federation, which also reports that national production is dropping in the country as a result. Even so, other equipment segments are performing strongly which should lead to a production value in line with 2017 levels.
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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.