Quote:
Originally Posted by GreenWannabe Just driving past several different dealers in Northern Alabama recently, I noticed that their stock seemed to be reduced by half or more. And I've seen several trucks hauling in new tractors to these same dealerships within the past two months. With wheat, corn, etc. prices going up so much, I think the farmers are taking advantage of their cash flow this year. Wheat has passed cotton as Alabama's number 1 cash crop this year.
Regards
Fred |
I guess the bottom line is that
current dealer inventory is the result of two key factors: What they had ordered for this year vs. what they have managed to sell. I'm betting that the real truth is that fewer tractors were ordered and that they managed to sell a good chunk of that reduced quantity. As many have pointed out: Better to order and carry
less inventory and end up needing to order stuff in than to be stuck with lots of
leftover inventory at season's end.
Dougster™
