Though 2024 will have its challenges, Lead Economist for Grains and Oilseeds at CoBank Tanner Ehmke thinks where ag equipment manufacturers should really be looking is 2025.
In his view, farmers are in a good financial position heading into 2024 with solid cash reserves. At the same time, he acknowledged that commodity prices are coming down as production costs are going up.
“If you’re selling machinery, it’s going to come down to how much cash…
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Today, we’re looking at Austria-based Pessl Instruments, an agtech provider operating under the METOS brand. Irrigation equipment manufacturer Lindsay Corporation recently acquired a minority interest in Pessl Instruments following a strategic partnership the 2 companies announced in May 2023.
