Equipment Sales Rise Again in March

North American large ag equipment sales continued to improve in March, up 3%, after turning positive with 10% year-over-year growth in February, according to Mircea (Mig) Dobre, analyst with RW Baird. 4WD tractor sales increased 31% year-over-year in March, compared to a 10.4% decrease in February.

Combines sales increased 32.1% in March, following February’s increase of 14.5%. “March accounts for higher share of sales than February; continued growth adds comfort to our expectations that Deere’s…

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