Large ag equipment sales rose 4% year-over-year in December, with strong growth in 4WD and combines while row-crop tractors saw their first year-over-year decline since August 2020, according to recent analysis from RW Baird analyst Mig Dobre. Combined U.S./Canada large ag equipment sales were up 4% in December vs. up 7.2% in November; U.S. large ag equipment was up 3.9% (November: +6.7%), Canada large ag equipment was up 4.5% (November: +9.8%). By category, row-crop tractors…
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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.
