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AGCO Pushes Dealer Purity, Cuts Production Amid Low Demand

November 15, 2024 | Posted in Data & Trends, Dealers & Dealerships

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.

Press Release

Progressive Tractor & Implement Grows Within CASE Dealer Network

August 22, 2024 | Posted in Mergers & Acquisitions

Source: CNH Industrial

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.

Louisiana Passes Act to Address Dealer Stocking 'Coercion,' Incentive Disagreements

June 30, 2021 | Posted in Ag Equipment Business

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.

Dallas Fed: Farm Machinery, Dairy, Real Estate See Deepest Fall Off for Ag Loans

April 4, 2019

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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AGCO Aims for $2 Billion in Precision Ag Business by 2029

In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.

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