Big Ag Sales Still Sluggish in July

Sales of large ag equipment continue to struggle to gain significant upward momentum. The Assn. of Equipment Manufacturers reports that North American sales of high horsepower, 4WD tractors and combines were down 16% year-over-year in July, which follows decreases of 14% in June and 12% in April.

“Large ag has been down 3 consecutive months; commentary from Deere on early order program activity during next Friday’s (Aug. 18) earnings call will be the next data…

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