All signals point to continued strong cattle pricing going into 2015. This trend should bode well for the sale of mid-range tractors (40-100 horsepower), which have experienced solid growth during the past 2 years, and it may even give a lift to high horsepower equipment. Unit sales of mid-range tractors were up year-over-year by 12.1% in January.
Strong feeder cattle prices (see “Comparing 10 Years of Farm Commodity Prices”) and declining feed costs are supporting…
This is subscription content for VIP Members. A VIP membership gives you all things Ag Equipment Intelligence all the time! Compare the three levels of access:
Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.
Download these helpful knowledge building tools
