AGCO reported its third quarter results on Nov. 4, and noted updates in dealer consolidation, production cuts, inventory reduction targets and reduced sales in regions across the globe.
Progressive Tractor & Implement Co. LLC (PTI) is acquiring the stores and territories of Heartland Equipment to expand their business into the northeastern Arkansas and Memphis areas and help more customers in the region succeed with CASE equipment.
The state of Louisiana recently passed an amendment to existing dealer protection statutes aimed at strengthening dealers’ positions when it comes to incentive bonuses and “coerced” stocking of parts and equipment.
Results of its first quarter 2019 survey of ag bankers indicated that prices were “generally weak, particularly for cotton, although livestock prices were more mixed.” At the same time, demand for agricultural loans overall declined for a 14th consecutive quarter.
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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.