U.S. mid-year equipment sales were down for compact and utility tractors but up for row-crop tractors and combines, according to AEM data. Combines had the largest year-over-year increase at 51.5%, while under 40 horsepower tractors had the largest decline at –13%, taking mid-year sales to a 5-year low. Mid-year U.S. row-crop tractor, 4WD tractor and combine sales reached 5-year highs.
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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.
