Since 2013, farmers have seen nearly all production expenses increase. The largest increase at 59% is in marketing, storage and transportation expenses. Overall, the intermediate expense category, which includes the majority of the farm production inputs, has increased 18% since 2013. Source: USDA IRS Farm Income and Wealth
Industry Outlook: How Does Your Dealership Stack Up?
Download these helpful knowledge building tools
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
