It has been nearly 6 years since North American farm equipment dealers expressed the level optimism about their revenue prospects as they have for 2018. In 2012, more than 55% of dealers expected revenues from the sales of new farm machinery to increase in 2013.
If Western Canadian farmers can get their crops to market, 2013 will have been a record year for much of the country’s agricultural sector, and ag machinery dealers didn’t have much to complain about either.
USDA’s October World Agriculture Supply and Demand Estimates report was good news for ag machinery dealers, especially those in the grain regions of North America.
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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.