U.S. Equipment Sales Fall 11% in June

North American ag equipment sales were down 16% year-over-year in June following a 1% increase in May and flat growth in April. U.S. sales decreased 11% year-over-year (combines down 23%, 4WD down 16%, row crop down 7%). Sales in Canada were down 32%, a large decrease from –11% the previous month (combines down 47%, 4WD down 50%, row crop down 19%). 

“Soft data [is] not surprising considering poor planting conditions and lingering trade issues (which…

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