Large ag equipment sales were up 9.3% year-over-year in April, led by growth in 4WD tractors and combines, according to the latest data from the Assn. of Equipment Manufacturers.
Large ag equipment unit sales rose 30.1% year-over-year, with strong growth across categories, led by combines and 4WD, according to data from AEM and analysis from RW Baird analyst Mircea (Mig) Dobre.
According to a Feb. 10 note from J.P.Morgan, Germany’s over 100 horsepower registrations were up 29% year-over-year in January and under 100 horsepower registrations were flat.
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.
Data from Statistics Canada on Canada’s agricultural implement manufacturing industry (NAICS 33311) reveals that 77.5% of all Canadian ag implement manufacturing exports went to the U.S. in 2021.
In an international press event held in fall 2022, executives at AGCO talked about the future of the Fendt brand and shed some light on the details of the brand’s post-pandemic growth.
During a presentation at the 2023 Associated Equipment Distributors (AED) Summit, held Jan. 10-12, Pinion Principal Marc Johnson forecast 4-6% growth in large ag equipment sales for 2023.
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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.