North American large ag unit retail sales were down 28.2% year-over-year in September vs. –15.7 in August, “with steep declines across categories,” Baird analyst Mircea (Mig) Dobre said in a note to investors.
Large ag unit retail sales were down again in August, with the latest report from the Assn. of Equipment Manufacturers showing a 15.7% year-over-year drop.
Declining combine sales drove the first large ag equipment unit sales decline since April 2022 (–8.9% year-over-year), according to the latest data from AEM.
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.
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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.