Data & Forecasts

Ag Equipment Intelligence

Dealers See Modest Sales Gains for 2018

Generally, North American farm equipment dealers remain positive about their prospects for improving sales in the year ahead, according to the most recent results from the monthly Ag Equipment Intelligence Dealer Sentiments & Business Conditions Update survey.
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Ag Credit Conditions Remain Stable … For Now

Higher interest rates and closer scrutiny by ag lenders could create hurdles for equipment dealers and their customers in 2018.
In its Feb. 4 Ag Finance Databook and Feb. 15 Ag Credit Survey report, the Federal Reserve Bank of Kansas City characterized current credit conditions as “stabilized modestly but continuing to show signs of weakness … despite signs of stabilizing in the fourth quarter, bankers’ expectations were for loan demand to strengthen and loan repayment rates to weaken slightly in the first quarter of 2018.”
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PFD Summit: The Journey to Digitizing Agriculture

Technology is disrupting virtually every economic sector and agriculture is no different. Digitization is the next stage in ag’s disruption.
Rabobank is forecasting that median Midwest corn farmers will be working with a margin of about 4% during the next 4-5 years. This is “unacceptable” and means they will need to increase their efficiency while continuing to cut costs, Kenneth Zuckerberg told attendees of the 2018 Precision Farming Dealer Summit in January.
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