AEM and EDA Release equipment inv entory survey results

The Association of Equipment Manufacturers (AEM) and the Equipment Dealers Association (EDA) have released the results of surveys each organization conducted with their members about the levels of new and used agriculture equipment inventory currently on the market.  AEM's data results revealed that, since 2014, the ag equipment manufacturers surveyed believe that new and used inventory levels are decreasing overall. This trend is consistent with EDA's ag equipment dealer survey results for the second quarter of 2016. In the second quarter of 2016, 79 percent of manufacturers felt that inventory levels (new and used combined) were stable or falling. Approximately 75 percent of dealers felt the same. However, perceptions on dealer inventories differ between the two groups. Currently, 43.1 percent of manufacturers believe that dealer inventories are "about right," and 36.2 percent believe that dealer inventories are too high. In contrast, the majority of equipment dealers believe, despite the apparent down-trend in inventory levels, that both their new and used inventories are too high. 62 percent of dealers believe new inventory is too high and 59 percent believe used inventory is too high.