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Balanced Reporting. Trusted Insights.
Friday, May 26, 2023
Two more equipment companies have inked right-to-repair memorandums of understanding with the American Farm Bureau Federation, bringing about 70% of the ag equipment sold in the U.S. under the same umbrella of agreement.
High demand for farm equipment and issues in the supply chain mean that orders for new machinery from a number of companies are taking months to fill and prices for used equipment have gone up.