North American large ag equipment retail sales fell in March, with 4WD tractor sales down 6.4% year-over-year, combine sales down 23.9% and row-crop tractor sales down 9.5%, according to the latest figures released by the Assn. of Equipment Manufacturers.
North American large ag equipment retail sales increased in November, with 4WD tractor sales up 1.9% year-over-year, combine sales up 25.8% and row-crop tractor sales increasing 7.2%, according to the Assn. of Equipment Manufacturers.
North American large ag equipment sales continued to decline in October, with 4WD tractor sales down 18.1% year-over-year and combine sales down 27.7%, according to the Assn. of Equipment Manufacturers.
North American ag equipment retail sales growth generally decelerated in August, with row-crop tractor sales up 11.8% year-over-year (+15.3% last month), mid-range tractor sales up 11.5% (+15.2% last month), and combine sales down 16% (+10% last month).
North American large ag equipment retail sales accelerated in June, driven by growth in row-crop tractor, 4WD tractor and combine sales which increased 27.5%, 8.4% and 18.1% year-over-year, respectively, according to data released by the Assn. of Equipment Manufacturers.
While industry wide sales of farm tractors and combines continue at a brisk pace, in its June monthly retail announcement on July 11, Deere and Co. reported it experienced “mixed” results in May.
North American sales of ag machinery continued to see upward growth in April, with row-crop tractors and combines leading the way with a 26.7% and 63% increase year-over-year, respectively.
North American ag equipment retail sales grew across all categories in December. Year-over-year comparisons were positive for all equipment categories.
Solid sales in December were a fitting end to an exceptional year for farm equipment manufacturers and dealers. “Large farm equipment retail sales comparisons moderated somewhat in December, though sales still jumped 24% year-over-year,” says RW Baird analyst Robert McCarthy in his report on the latest numbers coming from the Assn. of Equipment Manufacturers.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.