Ag Equipment Sales Fall Again in August

North American large ag equipment retail sales continued to decline in August, with 4WD tractor sales down 36.8% year-over-year, combine sales down 24.3% and row-crop tractors down 9.3%, according to the latest numbers released by the Assn. Equipment Manufacturers.

Meanwhile, Mircea (Mig) Dobre, analyst with RW Baird said in a note to investors that mid-range tractors continue to show relative strength, increasing 8.7% year-over-year vs. up 7.2% last month. Day-sales inventory rose year-over-year across all…

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