North American retail sales of large tractors weakened again in March, falling 5% year-over-year following a 3% year-over-year decrease in February, according to the latest figures released by the Assn. of Equipment Manufacturers. Combine sales also remained weak in March.
“Underperformance was primarily driven by combines (again) and row-crop sales turning negative year-over-year for the first time in nine months,” says Robert McCarthy, machinery analyst for RW Baird.
“However, 4WD tractors posted higher sequential growth…
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