North American large ag equipment sales continued to be weak in May, according to the latest numbers released by the Assn. of Equipment Manufacturers. Row-crop tractor sales were down just 1.2% year-over-year, marking the smallest decrease in nearly 2 years. “May 2016 marked the 28th month of large ag year-over-year declines but the smallest decline in 20 months, as 2-year stacked comparisons continue to ease,” said Mircea (Mig) Dobre, analyst with Baird Equity Research, in…
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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.
