It looks as if the escalating prices for farmland are finally taking a breather, according to Murray Wise Assoc., a land auction firm headquartered in Champaign, Ill.
Dealers looking for indicators of when the current boom in farm equipment sales may be softening should look at any signs that the value of farmland may be weakening. In terms of both accumulated cash and high levels of asset values, the current wealth of U.S. farmers may be unprecedented.
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The announcement of a partnership between New Holland and Bluewhite was one of the big precision stories of the summer. West Coast New Holland dealers now have the rights to sell, distribute and service Bluewhite’s aftermarket autonomy kits.