According to Ag Equipment Intelligence’s monthly Dealer Sentiments survey, since the start of 2017, farm equipment dealers’ year-over-year level of optimism has varied by as much as 42% from one month to the next compared to the prior year.
At least some part of the strong sales of utility tractors (40-100 horsepower) this past year — up 6.8% in the U.S. and 8.3% in Canada — can be attributed to the strong market for milk and dairy products starting last winter.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.