According to a December survey of North American ag machinery dealers, incoming orders grew 2% on average in November, down from a level of 4% in October.
The survey, conducted by Ag Equipment Intelligence and Cleveland Research Co., indicates that John Deere, shortline and “other” dealers saw the highest average order growth at 3% in Novembers, while New Holland and Kubota dealers reported “flat” incoming orders during the month.
A net 7% of dealers believe they will order fewer combines compared to last year, an improvement from the net 17% last month.
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