Sales of large ag equipment continue to struggle to gain significant upward momentum. The Assn. of Equipment Manufacturers reports that North American sales of high horsepower, 4WD tractors and combines were down 16% year-over-year in July, which follows decreases of 14% in June and 12% in April.
“Large ag has been down 3 consecutive months; commentary from Deere on early order program activity during next Friday’s (Aug. 18) earnings call will be the next data…
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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.
