Equipment Sales Post Solid Growth in August

North American sales of row-crop tractors and combines rose by 12% year-over-year in August, slowing somewhat from the 25% increase in July. Year-over-year comparisons were positive for all equipment categories, except combines. U.S. sales increased by 23% year-over-year while Canadian sales fell 24%.

“U.S. and Canada tractor retail sales remained robust in August, as row-crop, 4WD, mid-range and compact tractor sales increased 17.2%, 35.5%, 7.9% and 11.1% year-over-year, respectively,” Robert McCarthy, analyst for RW Baird…

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