NEWS
Global Machinery Forecast Mixed
Jim Patrico Progressive Farmer Senior Editor
Mon Jan 13, 2014 02:26 PM CST

When I talk to North American farm equipment manufacturers, I get the feeling they are lowering their expectations for 2014 sales. Why wouldn’t they? Commodity prices have slumped and their customers have been on a buying binge that inevitably has to slow. But, surprisingly perhaps, farm equipment manufacturers worldwide are optimistic about sales. At least, that is what they reported when taking a recent survey by the Agrievolution Alliance. In fact, the headline for the one section of the Alliance’s executive summary read: “Bullish signs are dominating the view of manufacturers worldwide.”

Which leads to the questions: Where and why ...

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