Dealer Sentiments and Business Conditions Update

The results of this most recent report are based on the responses of 122 North American farm equipment dealers representing a combined annual revenues of roughly $4.7 billion. Highlights from the November Dealer Sentiment report include:

Ag equipment dealers report year-over-year sales grew 4 percent, inline with the September results.
Shortline dealers once again saw the highest growth at 12 percent, while AGCO dealers had the weakest sales at down 1 percent.
A net 8 percent of dealers categorize their new inventory as "too high" (24 percent too high; 59 percent about right; 16 percent too low) vs. 14 percent last month. This is the third straight month new equipment inventories among dealers are too high following a period of 12 straight months of new inventory being "comfortable" or "too low."
Incoming orders grew 1 percent on average in October, similar to last month.

Ag Equipment Intelligence and the Cleveland Research Co. conduct this monthly survey of North American dealers to provide a "snapshot" of their current sentiments and to keep industry professionals up to date on significant trends in the farm machinery industry. This survey was conducted during the last two weeks of November and reflects dealer sentiment at that time.

If you have any comments on how we can make this report more useful, please drop me a note at kschmidt@lesspub.com and let me know what you're thinking.

To access your November issue of the Dealer Sentiments & Business Conditions Update, please follow these steps:

1. Click this link for the Summary (If you are already logged in, your issue will open automatically or download to your desktop. If not, follow steps 2-5) Click this link for Full Report
2. Click OK on the pop-up box.
3. Enter your email: jerry@a-m-c.ca
4. Type in your password. Unless you changed it in the past, your password is: changeme
5. Once you are logged in, you can change your password to whatever you want. Please keep this password in a safe place.

Agricultural Manufacturers of Canada