Weak Ag Equipment Sales Continue

North American large ag equipment sales declines continued during November, with 4WD tractor sales down 37.6% year-over-year, combine sales down 22.7% and row-crop tractor sales down 38.2%, according to the latest numbers released by the Assn. of Equipment Manufacturers. Mid-range tractors were down as well, dropping 11% year-over-year following a 3.2% decrease the prior month. Meanwhile, compact tractor sales saw a less than 1% increase.

Mig Dobre, analyst with RW Baird, notes that November is…

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