Weekly Digest

November 25, 2024

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Dealers Expect Parts & Service Growth in 2025, Declines in Equipment Sales

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. Read More

Aftermarket Marks Bright Spot for Dealers in 2025 Forecast

A year ago in the 2024 Dealer Business Outlook & Trends Report, dealers indicated 2024 would be the toughest year for business since the COVID-19 pandemic. Read More

Producer Price Index Percentage Changes — Ag Equipment & Parts Segment

Producer Price Index Percentage Changes — Ag Equipment & Parts Segment Read More

AGCO Pushes Dealer Purity, Cuts Production Amid Low Demand

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. Read More

Large Ag Unit Sales Decline in October

U.S. sales of ag tractors decreased 14.2% in October 2024 compared to the year prior, according to new data from the Assn. of Equipment Manufacturers (AEM). Sales of combines also fell during the month, dropping 34.6% compared to 2023. Read More

Latest Rate Cut Offers Floorplan Interest Relief

On Nov. 7, the Federal Reserve cut its key interest rate by a quarter point in response to the steady decline in inflation. This cut followed a half point reduction in September. Read More

U.S. Energy Payments by Farm Type – 2011-20

Energy payments, such as for leasing land for wind, oil or natural gas development, are higher on average for large-scale family farms. Read More