External factors make for busy year in hay and equipment industries

Drought, high grain prices, fiscal cliffs. They all combined to create a “perfect storm” for farmers and equipment manufacturers  at the beginning of 2013. Although some thought the fiscal cliff might prove  to be the undoing of the U.S. economy, the Jan. 1 version actually turned out well for the equipment business. AGCO’s Steve Koep explains in this video interview at AGCO’s media event at the World Ag Expo in Tulare, Calif.