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A recent poll on Top Producer’s homepage asked farmers if they plan to expand their machinery fleet in the coming year.
Here were the responses:
40.4% said yes
47.2% said no
12.4% said maybe
After what some call a blockbuster year for machinery sales in 2008, the past year was hard pressed to match up. Many are saying they forecast a rebound in 2010 in the ag equipment industry, but this poll doesn’t match that optimism.
If the word “expand” was replaced with “upgrade”, “adopt precision technologies”, “make a necessary trade-in”, (or all of these phrases just mentioned) would that have changed the results?
that would make a huge difference.