Our data base for tractor retail sales and field inventory is derived from AEM’s monthly Flash Reports.
Under 40 Horsepower Tractors – Monthly retail sales were 45 units below our monthly forecast and the year to date retail sales were 768 units or 0.5% above our YTD forecast.
40-99 Horsepower Tractors – Monthly retail sales exceeded our monthly forecast by 194 units and the YTD retail sales exceeded our forecast by 4,015 units or 7.7%.
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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.
