Farm equipment dealers and distributors in Australia are eagerly awaiting official figures confirming a second bumper year of tractor sales.
Despite some cooling of market sentiment early on in the second-half of 2017, in large part due to a challenging harvest, there was a subsequent mini boom in sales of smaller tractors. This together with a better than expected demand for 100-200 horsepower units had the market heading toward another record.
Sales of large tractors…
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In this episode of On the Record, Pinion Principal Marc Johnson forecasts 4-6% growth in large ag equipment sales in 2023. In the Technology Corner, Noah Newman takes a closer look at Verge Ag’s Equipment Explorer, which was launched at the 2023 Precision Farming Dealer Summit. Also in this episode, a preview of the 10th annual Precision Farming Dealer benchmark study and a look at ag retailer sprayer purchase plans for the year ahead.
