The decline in large ag equipment sales accelerated in October — a seasonally important month — despite easier comparisons, with 4WD tractors sales falling 40.1% year-over-year, combine sales down 40.3% and row-crop tractors down 17%, according to the latest numbers released by the Assn. of Equipment Manufacturers.
Mircea (Mig) Dobre, analyst with RW Baird, commented in a note to investors that mid-range tractors continue to show relative strength increasing 6.4% year-over-year following a 28.1% increase…
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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.
