North American combine sales jumped by 53% in May while retail sales of row-crop tractor sales continued to weaken, according to the latest report from the Assn. of Equipment Manufacturers. Row-crop tractor sales fell 10% year-over-year, while 4WD sales were roughly flat.
“Equipment inventories remain relatively low on a days-sales basis, but both 4WD tractors and especially row-crop tractor inventories continued to spike in April and incremental manufacturer production cuts appear increasingly likely,” according to…
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