Farm Machinery Pricing Mixed, Current Inventories ‘Below Normal’

Dealers are finding new equipment pricing is “firming,” but prices for used equipment are weakening heading into the last quarter of 2010. At the same time, they say their inventories of both new and used machinery are “below normal.”

That’s according to the most recent survey of North American dealers conducted by UBS Investment Research.

The ag machinery dealers also say that, on average, they expect a 7% price increase in equipment with the new…

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