Did Ag Equipment Sales ‘Plunge’ in the First Quarter?

An April 26 report from Bloomberg was headlined “Farm Equipment Sales Plunge Most Since 2016 in Trade War Fallout.” The tractor and combine sales numbers published by the Assn. of Equipment Manufacturers (AEM) throughout the first quarter of this year don’t seem to tell the same story.

The reference to “Trade War Fallout” in the headline is the real tell of what direction the story is heading. After all, it all depends on how one…

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