Sourcing for Agricultural Equipment, Tractors Up YoY on Thomas (March 2024)

Welcome to the March 2024 edition of the Thomas Index Report.
As the U.S. population continues to grow, there is pressure to produce enough food. In fact, by 2050, farmers will need to churn out 56% more food calories to meet the needs of the world’s population compared to 2009. In turn, investment funds are buying acres of farmland, farmers are investing in technology to boost agriculture productivity, and sourcing on Thomasnet.com® for agriculture-related categories is up.
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