Big Ag Equipment Sales Flat in January

January 2019 ag equipment sales were a tale of two countries. “U.S. growth of 3% was offset by an 11% decline in Canada,” Mircea (Mig) Dobre, RW Baird, said in his summary of ag equipment sales reported by the Assn. of Equipment Manufacturers. In both countries, combines and 4WD tractors grew, while row-crop tractors declined. 

He went on to say, “U.S. inventories continue to move higher on an absolute basis and on days-sales basis as…

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