Energy crisis to affect machinery industry, says FTMTA
Farm Tractor and Machinery Trade Association (FTMTA) executive director Michael Farrelly says that the price of machinery may soon increase due to the effect of the energy crisis. Sales within the machinery industry are currently performing well largely because many dealers had put in orders in advance. The timing of the effects of increasing input costs are unknown at this stage, however Farrelly says that resulting price rises are unavoidable…