Ag Equipment Sales Growth Decelerates

Large ag equipment unit sales growth decelerated to +0.3% year-over-year in July, according to the latest data from the Assn. of Equipment Manufacturers. Small ag equipment declines were still in the 7-8% range. Combined U.S./Canada large ag equipment unit were up 0.3% in July vs. up 20.5% in June and up 17.4% in May. US large ag equipment was up 2.5% (June: +21.7%), while Canada large ag equipment was down 11.7% (June: +13.9%). “U.S. dealer…

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