Large ag equipment unit sales rose 34.2% year-over-year in January aided by easy comparisons, according to a note to investors from RW Baird analyst Mircea Dobre. Combined U.S./Canada large ag equipment unit sales were up 34.2% in January vs. +4% in December, benefiting from easy comparisons as prior year sales were plagued by lack of inventory. By category, row-crop tractors were up 22.3%, 4WD tractors were up 6.3% and combines were up 141.7%. U.S. dealer…
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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.
