Aging Farm Fleet Points to Recovery Starting Next Year, CNH Says
CNH Industrial predicts the farm machinery sector will experience a recovery beginning in 2027, driven by an aging fleet of equipment that will necessitate upgrades among growers. The tractor manufacturer believes the combination of older equipment reaching replacement age will stimulate demand for new farm machinery in the coming years.
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Aging Farm Fleet Points to Recovery Starting Next Year, CNH Says
CNH Industrial predicts the farm machinery sector will experience a recovery beginning in 2027, driven by an aging fleet of equipment that will necessitate upgrades among growers. The tractor manufacturer believes the combination of older equipment reaching replacement age will stimulate demand for new farm machinery in the coming years.
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