Articles by Kim Schmidt

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Alamo Group 2024 Net Sales Drop 3.6%

Alamo Group announced its 2024 net sales of $1.6 billion, down 3.6% year–over-year. Net sales for the year in the Vegetation Division — which includes brands like Bush Hog, Schulte, Dixie Chopper and others — came in at $785.2 million, down 19.8% for the year.
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Farm Bankruptcies Increase 55% in 2024

There were 216 farm bankruptcies filed in 2024 — up 55% from 2023, according to a Feb. 20, 2025 Market Intel report from the American Farm Bureau Federation (AFBF). While that is a big jump from the previous year, it is still 64% lower than 2019’s the all-time high of 599 filings.  


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