Replacements, Farm Income Biggest Sales Influencers

What drives demand for shortline farm equipment?

According to the results of the first Ag Equipment Intelligence-Baird survey of shortline manufacturers, two-thirds of respondents say equipment replacement and/or farm income are the main drivers for sales.

Mircea (Mig) Dobre, analyst with RW Baird, notes that “Replacement demand continues to build with an aging outstanding farm fleet; farmers are holding off on purchases due to business uncertainty. Farm income is expected to be consistent given…

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