Sales Decline Across the Board in May

North America large ag equipment sales declines continued in May, with 4WD tractor sales down 30.5%, combine sales down 17.9% and row-crop tractors down 31.9%, according to the latest numbers from the Assn. of Equipment Manufacturers.

Mid-range tractor sales joined in the downward trend in May as well with sales down 14.3% year-over-year following a 7.5% increase the previous month, said Mircea (Mig) Dobre, analyst with RW Baird, in a note to investors. Compact tractor…

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