Large ag equipment retail sales continued to recover in July, according to analysis from RW Baird analyst Mircea (Mig) Dobre. Compact/midrange equipment saw continued outsized increases.
North American large ag retail sales increased 5% year-over-year following a 9% decline in October, according to the latest Assn. of Equipment Manufacturers report.
North American large ag equipment sales decreased 9% year-over-year, with sales declining approximately 10% in each category, according to the most recent Assn. of Equipment Manufacturers report.
North American large ag retail sales overall had another strong showing in September with sales increasing 15% year-over-year for the month, according to the most recent Assn. of Equipment Manufacturers report.
North American large ag equipment sales declines continued in September. According to the latest unit sales figures released by the Assn. of Equipment Manufacturers, 4WD tractor sales are down 48.6% year-over-year (down 54.7% last month), combine sales fell 25.6% (down 28.1% last month), and row-crop tractor sales decreased 40.4% (down 30.9% last month).
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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.