Dealers See Strong Finish to 2012, But Guarded About 2013

As farmers begin seeing the impact of carrying crop insurance on their drought-plagued crop yields, the dour attitudes of mid-summer are turning far more positive. As a result, most dealers are encouraged that fourth-quarter spending on equipment will rival that of the last quarter of 2011. But the dealers’ view toward 2013 sales is more subdued — but remains positive.

According to the most recent UBS Global Equity Research survey of farm equipment dealers, 43%…

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