During a presentation at the 2023 Associated Equipment Distributors (AED) Summit, held Jan. 10-12, Pinion Principal Marc Johnson forecast 4-6% growth in large ag equipment sales for 2023.
Johnson said while the forecast may seem disappointing, it comes after 2 years of notable growth.
“This sounds terrible when we grew 45% last year and 35% the year before that,” he said. “But remember, that’s 4-5% on top of the 45%, which is on top of…
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
