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Pulse Study Results

Our quarterly pulse studies track shifting sentiments, economic pressures, and purchasing behaviors across the commercial supply chain. We don't guess where the market is heading, we ask our communities. Utilizing our built-in network of over 400,000 agriculture professionals and 28,000 animal health professionals, we deliver the ground-level data your business needs to stay ahead of industry shifts.

See our latest quarterly results below, or browse our past studies.

Ag Pulse Results

Navigating the Financial Squeeze

Navigating the Financial Squeeze in US Farming Landing

 

Today, only 15% of farms report having “very strong” working capital.

To better understand what this means for the industry, we surveyed more than 650 commercial farmers. We examined not only their income, but also how their loyalty is changing, what they are willing (and not willing) to spend on, and the strategies they use to stay financially resilient. Suppliers who move past the traditional sales pitch to provide true financial flexibility and transparent technical advice will secure their place as indispensable partners through this squeeze.

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See past results here:

When looking for financing, farmers are looking for a partner that helps them grow their operation, stay in control, and simplify their lives. 

Our research proves that farmers choose their financial partners more through emotional needs than rational. Being perceives as honest, reliable, and "for people like them" is actually a stronger driver for repeat business than rational factors like loan terms, reputation, or even the helpfulness of employees. Those that know that win. 

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Nearly 4 in 10 farmers plan to transfer their ownership of their operations within the next decade. 

About half of our respondents have a succession plan in place, and another one-fifth are actively working on one. While farmers overwhelmingly plan for their farm to stay in the family and prioritize steps like choosing a successor and making a will, smaller farms, livestock operators, and female farmers are lagging behind in key steps. Those who anticipate these changing operational priorities and connect with the next generation of decision-makers now will win their loyalty for the next decade. 

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With 49% of farmers citing falling commodity prices as their biggest hurdle, today's agricultural community is aggressively changing how they buy, shop, and manage operational costs.

Combine that with the 24% who say that rising input costs are their top challenge, and the data shows profit margins being squeezed from both sides. To survive this crunch, farmers are actively limiting expenses - reducing fertilizer usage, price-shopping, and opting to repair machinery rather than replace it. Understanding these real-time field adjustments isn't just about empathy; it's about recognizing the exact economic pressures driving your customers' decisions right now. 

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Vet Pulse Results

COMING SOON! 

We are currently working on a study to answer the following questions: 

What drives vets' equipment purchasing decisions?

What are their needs and which needs are not being met?

What could suppliers do to better meet their needs?

Come back in August for the results!

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