Dealers Say Overall Incoming Orders Slowed October to November

According to a December survey of North American ag machinery dealers, incoming orders grew 2% on average in November, down from a level of 4% in October.  

The survey, conducted by Ag Equipment Intelligence and Cleveland Research Co., indicates that John Deere, shortline and “other” dealers saw the highest average order growth at 3% in Novembers, while New Holland and Kubota dealers reported “flat” incoming orders during the month.

A net 7% of dealers believe they will order fewer combines compared to last year, an improvement from the net 17% last month.