November NA Big Ag Sales Decline 7.3%

U.S. large ag equipment retail sales fell 7.3% in November after 3 consecutive months of growth. August and September sales were both up 14%. Combined U.S. and Canada large ag sales declined 6.4%. “The Canadian decline is moderating, as large ag sales decline of 4.1% was the smallest year-over-year decline in 2019,” said Mig Dobre, analyst for RW Baird, in his summary of sales for the month from the Assn. of Equipment Manufacturers.

“The effects…

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