As U.S. farmers launch the 2020 planting season, they will confront the usual, and in some cases unusual challenges. Fuel prices won’t be one of them. According to the Energy Information Administration (EIA), oil market volatility is at an all-time high and prices are at a nearly 20 year low.
The U.S. Energy Information Admin. (EIA) expects the production of biofuels to continue increasing, but at a relatively slow pace, between 2020-50, according to its Annual Energy Outlook 2020 (AEO2020).
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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.