Lack of Inventory Hurts Ag Equipment Sales Growth

Growth moderated on a lack of available inventory and tougher comps, according to analysis of AEM sales data by Mig Dobre, senior research analyst with RW Baird. 

Combined U.S./Canada large ag sales were up 1.4% vs. up 28.3% in December. January is a seasonally soft month across equipment categories, going forward keep in mind that lack of inventory will hamper retail growth, said Dobre.

“Large ag dealer inventories declined around 30% in 2021 which means…

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