North American sales of row-crop tractors and combines rose by 12% year-over-year in August, slowing somewhat from the 25% increase in July. Year-over-year comparisons were positive for all equipment categories, except combines. U.S. sales increased by 23% year-over-year while Canadian sales fell 24%.
“U.S. and Canada tractor retail sales remained robust in August, as row-crop, 4WD, mid-range and compact tractor sales increased 17.2%, 35.5%, 7.9% and 11.1% year-over-year, respectively,” Robert McCarthy, analyst for RW Baird…
This is subscription content for VIP Members. A VIP membership gives you all things Ag Equipment Intelligence all the time! Compare the three levels of access:
Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.
Download these helpful knowledge building tools
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.
