Big Ag Equipment Finally Feeling Effects of Recession

While strong demand for grain commodities for food and fuel has kept the manufacturers that produce big farm machinery largely insulated from the economic collapse that has pummeled nearly every other industry, one analyst believes the U.S. recession may finally be catching up with ag equipment.

Robert McCarthy, analyst for R.W. Baird, views the growing inventory of big farm equipment, along with the relatively young age of the North American fleet and projected declines in…

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