Large ag equipment sales grew again in April, largely due to strong demand in Canada for combines and 4WD tractors, says Mircea (Mig) Dobre, senior research analyst with Baird. “Row-crop tractors were soft in the U.S. and Canada, though positively, declines narrowed in the U.S. and inventory continued to tighten with DOS [day sales for inventories] lower year-over-year,” he says. March and April are both above average sales months and both had positive year-over-year sales…
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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.
