Ag Sales Decline Slows in December

North American large ag equipment sales declines moderated during December, but mid-range sales were weak, according to the latest numbers released by the Assn. of Equipment Manufacturers. 4WD tractor sales increased by 0.6% year-over-year, combine sales dropped 3.8% and row-crop tractors were down 31.4%.

“Section 179 deductions retained at $500,000 were made permanent and indexed to inflation in future years, provides clarity which has been lacking in recent years,” says Mircea (Mig) Dobre, analysts with…

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