North American large ag equipment sales continued to be weak in April, according to the latest numbers released by the Assn. of Equipment Manufacturers. Row-crop tractor sales were down 18.8% year-over-year, the smallest sales decline for the category in 10 months. “April 2016 marked the 27th month of large ag year-over-year declines with magnitude of decrease remaining significant (down 21% in total),” said Mircea (Mig) Dobre, analyst with Baird Equity Research, in a note to…
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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.
