North American large ag equipment sales continued to decline in April, with 4WD tractor sales down 32.3% year-over-year, combine sales down 33.3% and row-crop tractor sales down 16.6%, according to the latest numbers released by the Assn. of Equipment Manufacturers.
In today’s newscast we look at the possibility of equipment dealers using 3-D printers to make replacement parts, the latest earnings from AGCO, CNHI, Kubota and Trimble, Claas’ long awaited entrance into the North American tractor market, and what dealers think could prevent further declines in high horsepower tractor sales.
North American large ag equipment sales continued to decline in April with 4WD tractor sales down 12.3%, combine sales down 12.7% and row-crop tractor sales down 13% year-over-year, according to the latest figures released by the Assn. of Equipment Manufacturers.
North American large ag equipment retail sales fell in February, with 4WD tractor sales down 14.1% year-over-year, combine sales down 15.2% and row-crop tractors down 6.4%, according to the the latest figures released by the Assn. of Equipment Manufacturers on March 11.
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.
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 sales of ag machinery continued on its upward trend in March with strong growth, as reported by the Assn. of Equipment Manufacturers. According to Mircea (Mig) Dobre, machinery analyst with RW Baird, U.S. and Canada ag equipment retails sales grew across nearly every category as it has during the past several months.
North American sales of ag machinery in February, as reported by the Assn. of Equipment Manufacturers, represented “more of the same” that dealers and manufacturers have seen in the past year or more: a strong upward trend.
The strength of North American tractor sales during the last three years might lead one to believe that it’s always been this way, but dealers and others who have been around the business for more than a few years know better.
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