Despite the collapse of Russia’s economy last year, which took its booming ag industry with it, farm equipment manufacturers are hustling to stake their claim in this enormous, and largely behind-the-times, market.
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In this episode of On the Record, the latest Dealer Sentiments Report shows that dealers inventories of both new and used equipment are improving despite being too low. In the Technology Corner Noah Newman talks with Verdant Robotics plans to scale its fleet. Also in this episode, Titan Machinery reports record results for the third quarter of fiscal year 2023 and Farm Credit Canada forecasts tight machinery inventories well into 2024.