Driven by higher raw materials costs, Trelleborg Wheels Systems announces an up to 8% price increase for its agricultural, forestry, industrial and construction pneumatic tires in North America.
Just when we were starting to feel a little bit better about life in the farm equipment business, we’re starting to hear more news about increasing raw material costs that will be showing up in higher prices for ag machinery.
Changing farming practices, including the trend toward concentrated production on specialized operations, along with others such as wider use of irrigation and growing adoption of precision agriculture technologies, have allowed the farm sector to increase total output by nearly 50% over the past three decades, even as resources used in farming declined.
Trelleborg Wheel Systems has announced a price increase of up to 5.5% in North America, effective July 2012, on all tires and wheels for agricultural, forestry and light industrial applications.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at President Trump's tariff reduction on ag equipment, the latest dealer sales forecasts, and how high input costs are keeping farmer sentiment down.
Since 1980, A&I Products has become a leading manufacturer and wholesale distributor of aftermarket replacement parts for the agricultural, turf, and industrial equipment markets. A&I Products' experience and expertise has greatly contributed to the company's reputation as a top supplier of quality, reasonably priced parts. Founded with roots as a small machine shop and repair facility, the company made the transition by manufacturing new parts to replace those that were identified as commonly needing repair. Throughout the 1980s, the company quickly garnered a reputation for offering quality parts at a reasonable price.
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.