The results of the latest Farm Equipment text poll suggests a quarter of dealers are likely to add additional product lines in the new year.
The Dec. 19 poll asked dealers how likely they are to take on a new equipment line in 2024. 25.5% of dealers said they were likely to add a new line, while 74.5% said it was unlikely that they would expand their product offerings in the year ahead.
To be a part of future text polls, text FARM to 833-413-2175 to sign up.
Industry Outlook: How Does Your Dealership Stack Up?
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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.
