In its Dec. 14 update, CEMA’s Business Climate Index rose to a reading of +30, showing the EU ag equipment industry has “solidified its first significant upward trend since the sharp declines in the course of the Russian war against Ukraine.”
The general business climate index for the agricultural machinery industry in Europe has risen slightly for the first time since its sharp decline in the course of the Russian war against Ukraine, according to the July update to the CEMA Business Climate Index.
The general Business Climate Index for the Agricultural Machinery Industry in Europe has further stabilized at high levels after several months of slight downward correction since its record peak in May and June (where it reached its highest level since 2008).
The general Business Climate Index for the Agricultural Machinery Industry in Europe has stabilized at high level again in December after several months of slight downward correction since its record peak in May and June (where it reached its highest level since 2008).
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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.