Combine Sales Improve in June

While overall North American large ag equipment sales remained weak in June, combine sales showed improvement and were up 12.9% following months of declines of 25% or more, said Mircea (Mig) Dobre, an analyst with RW Baird in a note to investors. In addition, compact and mid-range tractor inventories are at all-time highs with risks of building, he said. June 2016 marked the 29th month of large ag equipment year-over-year declines and a somewhat larger…

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