U.S. farm equipment dealers estimate that 11% of fourth quarter sales of wholegoods were a direct result of end-of-year tax buying due to expiring bonus/accelerated depreciation at the end of 2011, according to the January 2012 “Dealer Trends & Business Outlook” report published by Ag Equipment Intelligence.
Ag Equipment Intelligence and Cleveland Research Co. compiles the report monthly. Nearly 300 dealers participated in the survey, which was conducted in late December.
In the survey, dealers…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
