Large Ag unit retail sales were down 6.1% year-over- year, with declines in row-crop tractors and combines more than offsetting a slight increase in 4WD tractors. Combined, the U.S. and Canada’s large ag unit sales went down 6.1% year-over-year in May, following a 12.8% increase in April, according to the latest report from the Assn. of Equipment Manufacturers.
“Retail demand continues to hang in better than expected, which could catalyze a quicker destock cycle given…
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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.
