Dealers appear to be feeling good about their prospects these days, according to the most recent Dealer Sentiments & Business Conditions Outlook Update survey.
Results from the most recent Dealer Sentiment & Business Conditions Update survey shows that North American farm equipment dealers are feeling a bit better about their business prospects these days. At the same time, commentary from the survey indicates that dealers are still gun shy about making big plans for 2013.
Dealer sentiments about equipment sales for the rest of the year look to be taking a "cautious"? turn and, in all likelihood, reflect the mood of their customers in the wake of the worst drought in the Midwest in more than three decades.
The Ag Equipment Intelligence-Cleveland Research Co. (AEI-CRC) Dealer Optimism Index, a measure of sentiment among North American dealers compared to the prior month, declined to a net 9% of dealers reporting they have a less optimistic outlook now vs. a net 5% reporting more optimism last month.
In this episode of On the Record, brought to you by Associated Equipment Distributors, Jason Webster, commercial agronomist with PTI Farm, breaks the results of PTI Farm’s 2024 HIgh Speed Planting Corn Study.
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