Dealers who handle AGCO-branded equipment expect flat sales in the year ahead making them the most optimistic for 2015, according to the most recent Ag Equipment Intelligence Dealers Sentiments & Business Conditions Update report.
Results of the November survey indicate that on average North American farm equipment dealers expect sales to decline by 11% in 2015. That’s down from 9% in the previous month.
Overall, here’s how the dealers’ outlook for 2015 shakes out by brand from the surveys, which were taken in September and October:
Brand |
September Survey |
October Survey |
|
||
AGCO | +6% | 0% |
Case IH | -12% | -11% |
John Deere | -12% | -14% |
Kubota | +7% | -6% |
New Holland | +9% | -8% |
Shortliners | +3% | -12% |
|
||
Overall Avg. | -9% | -11% |
Note: September survey results were published in October report; October survey results were published in November report