Although a few more dealers say their early equipment orders are up compared to this time last year, overall, new farm machinery order books continue on a downward slide that began 3 years ago.
As a group, more North American farm equipment dealers appear to be more hopeful about their prospects for increasing revenues going into 2017 than they did going into 2016.
Although a few more dealers say their early equipment orders are up compared to this time last year, overall, new farm machinery order books continue on a downward slide that began 3 years ago.
At the pinnacle of the precision farming boom, technology specialists were in high demand, while supply was relatively low. But as the farm machinery market has slowed, so too have precision hiring plans for most OEM dealers according to Ag Equipment Intelligence’s 2016 Dealer Business Outlook & Trends report.
Of the 10 agricultural regions covered in Ag Equipment Intelligence’s 2016 Dealer Business Outlook & Trends report, dealers in only two are projecting a pick up in new equipment sales revenues.
In today’s newscast we look at results from Ag Equipment Intelligence’s “2015 Dealer Business Outlook & Trends” survey, September unit retail sales from the Assn. of Equipment Manufacturers, irrigation’s strong earnings, USDA’s weekly crop progress report and how precision technology will help increase farm equipment speed in the future.
The results of Ag Equipment Intelligence's latest dealer survey show that North American farm equipment dealers continue to see a softening in ag equipment sales.
Results of the July 2014 "Dealer Sentiments & Business Conditions Update" survey showed that overall industry sales slipped by 4% year-over-year in June.
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Precision ag pioneer Al Myers is a member of the Farm Equipment Shortline Legends Hall of Fame 2024 class. It’s been almost 35 years since the Ag Leader founder introduced the groundbreaking Yield Monitor 2000.