Industry Insider

Forecast & Trends

Rising New Equipment Inventories Seen as Risky

North American farm equipment sales continued to rise in August, but the pace slowed somewhat compared to previous months, according to the latest figures from the Assn. of Equipment Manufacturers. Of more concern than the unit sales may be the building inventory of new machinery that has caught the attention of industry observers.
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Ag Equipment Intelligence

Titan Machinery Cites Declining Customer Sentiment for Reducing Outlook

Despite posting hefty revenue gains through the second quarter and first half of its 2014 fiscal year, Titan Machinery cut its full-year outlook to $2.25-$2.45 billion from its earlier forecast of $2.35-$2.55 billion. Titan, whose biggest brand of ag and construction equipment is Case IH, has 109 locations in the U.S. and Eastern Europe.
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Forecast & Trends

Dealers Expect Price Hikes of 1-6% in 2014

Nearly 90% of dealers polled for Ag Equipment Intelligence's '2014 Dealer Business Outlook & Trends' survey say they expect prices for new equipment next year to rise between 1% and 6%. Only 2.8% of dealers say they don't expect increases for the price of new equipment in 2014.
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2026 Dealership of the Year, Messick’s Equipment, Mount Joy, Pa.

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