While acknowledging that low commodity prices continue to dampen demand for new farm machinery, David Meyer, Titan Machinery’s chairman and CEO, noted that high crop yields had improved sentiment among the dealership group’s farm customer base in the third quarter. He added the company took advantage of the more upbeat attitude to “aggressively retail” and accelerate its used equipment reduction efforts.

The Fargo, N.D.-based firm, the world’s largest farm equipment dealer group, said in its…