Dealers Say New Equipment Inventories Still ‘Too High’

Figures released by the Assn. of Equipment Manufacturers on July 10 showed that, while large ag equipment sales declined again in June, inventory of these products on dealers’ lots continued to increase (see p. 7 for additional details.)

Ag Equipment Intelligence’s monthly survey of farm equipment dealers also showed a growing level of concern. Results of the survey were published in the “Dealers Sentiments & Business Conditions Update” report released on June 30. They…

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