Dealer Inventories Unbalanced

North American farm equipment dealers continue reporting that their new equipment inventories are “too low” and the used equipment portfolios remain “too high,” according to the most recent dealer survey conducted in April by Ag Equipment Intelligence and Cleveland Research Co.

New equipment inventory remains tight as a net 35% of dealers categorize their new inventory as “too low” (9% too high; 46% about right; 45% too low) down from a net 40% last month.

Used Equipment: Dealers continue to express concerns about their used equipment catalogue as a net 4% of dealers now categorize their used inventory levels as “too high” (25% too high; 47% about right; 29% too low) compared to a net 1% last month.

Ag Equipment Intelligence is one of the publications we read regularly and recommend to our members. It’s published by Lessiter Publications, a long time member of our Supplier Section. Subscription information can be obtained at info@lesspub.com.