Farmers looking to upgrade their field equipment might have to wait.
It is due to shortages of everything from tires to steel. One Pennsylvania ag equipment dealer says they have already sold all equipment allotted for next year and are only taking orders for new equipment to deliver in 2024.
Domestic-made machines, like hay equipment, are in good supply, but large ag equipment is non-existent.
Roughly 45 percent of producers surveyed by Purdue’s Ag Economy Barometer say supply shortages have hurt their ability to make large purchases. More than 95 percent of AEM members say they have experienced supply chain issues as well.
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