North American large ag equipment sales continued to improve in March, up 3%, after turning positive with 10% year-over-year growth in February, according to Mircea (Mig) Dobre, analyst with RW Baird. 4WD tractor sales increased 31% year-over-year in March, compared to a 10.4% decrease in February.
Combines sales increased 32.1% in March, following February’s increase of 14.5%. “March accounts for higher share of sales than February; continued growth adds comfort to our expectations that Deere’s…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
