Worldwide Ag Equipment Sales Continue Sluggish Pace

The global business climate for agricultural machinery remains weak going into the final months of 2015, according to the Agrievolution Alliance’s most recent survey of ag equipment manufacturers. The group describes the overall sentiment of the industry as “pessimistic.”

The index shows a slight decline of 3 points from the group’s April report; only manufacturers in China and India are in a “good mood,” according to the Alliance’s latest Agritech Business Barometer Survey.

The survey…

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