Farm equipment dealers say while the price of new ag machinery is rising, getting product on their lots may be the bigger problem.
Nearly three-quarters — 74% — of U.S. ag equipment dealers surveyed recently by UBS Investment Research expect pricing for new equipment in 2011 to increase 3-5%, while 19% of dealers see prices increasing more than 5%. The remainder, 7% projected prices would rise less than 3%.
On average, all dealers expected the…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.
