In this podcast, a net 82% of dealers report their new equipment inventory is too low and say they are seeing price increases from the OEMs ranging from 4% to as high as 22%.
In the Technology Corner, Michaela Paukner reports on the proposed precision loan program Sen. Deb Fischer and Sen. Amy Klobuchar recently introduced.
Also in this episode, German shortline manufacturer Horsch says it will almost double production capacities with a number of world-wide investment projects within the next 2-3 years.
According to the 2022 Dealer Business Outlook & Trends report, dealers are forecasting new equipment revenues to increase next year, along with price increases from their OEMs.
And, the Business Climate Index for the Agricultural Machinery Industry in Europe dropped for the third month in a row to 63 points.
This episode of On the Record is brought to you by Weasler Engineering.
Sound Effects: iMovie