Iron Sales Skyrocket Despite Supply Challenges
Equipment Manufacturers Still Have Supply Chain Challenges that Kept Them from Meeting Demand for New Machinery
By Dave Mowitz, Successful Farming
Agriculture.com - 10/5/2021
A year ago, new equipment lined dealers’ lots. Farmers, low on debt and high on higher commodity prices for the first time since 2013, were dreaming of new iron for their operation.
Today, dealers’ lots are not as bare as they were last spring …but they’re still skeletal.
And farmers are still hungry for new iron having picked the bones clean of what new and late-model used equipment was available.
“We are seeing some real interesting changes taking place regarding machinery inventories,” observes Curt Blades of the Association of Equipment Manufacturers (AEM)...