Analyst Says Manufacturers Should be Concerned About 2025, Not 2024

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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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.

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