In addition to concerns about falling grain prices, several other factors could affect farm equipment sales in 2014 and possibly beyond, according to a recent note from analysts at RW Baird. Among the other issues highlighted in the asset management firm’s January 7 “2014 Outlook: An Update on Commodity, Business and Inventory Cycles” report were dealers need to destock equipment inventories, price increases on new farm machinery and the current age of the farm fleet.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.
