GMG Issues 2020 Annual Tractor & Combine Retail Sales Forecast

By Charlie Glass, Glass Management Group

Our databases include information for tractor sales derived from AEM’s monthly Flash Reports that date back to 1969, USDA reported net farm income that dates back to 1969 and U.S. Department of Labor’s GDP data that dates from 1970.  We also house information from USDA Agricultural Censuses from 1978 to 2017.  All of this data is essential in making a reasonable forecast for the industry.

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Charlie Glass

Chairman emeritus, Farm Equipment Manufacturers Assn.’s (FEMA) Dealer Relations Committee

With more than 4 decades in the industry, Glass produces an annual tractor and combine forecast and provides technical assistance to various investment groups. A former director of FEMA, he is also a frequent presenter and author of several white papers on the future of farm equipment distribution. Glass is also a judge for Farm Equipment’s Dealership of the Year program.

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