Dealer sentiments about equipment sales for the rest of the year look to be taking a “cautious” turn and, in all likelihood, reflect the mood of their customers in the wake of the worst drought in the Midwest in more than three decades.
While dealers in our most recent monthly Dealer Trends & Business Outlook survey reported a 4% growth in sales in June, their outlook for the rest of the year slipped into negative territory.
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.
