U.S. large ag retail sales were up 12.9% year-over-year in January, while Canadian sales were up 38%. Combined U.S./Canada large ag sales were up 15.4% (vs. up 11.3% in December), marking the fifth consecutive month with growth of over 9%.
Sales growth decelerated from a November high but remained robust. U.S. large ag retail sales were up 14.1% year-over-year in December, while Canadian sales were down 1.8%. Combined U.S. and Canada large ag sales were up 11.3% (vs. up 17.7% in November), marking the 5th month in 6 with growth over 9%.
Overall tractor unit sales continued their growth across North America in October 2020 despite a small pause in larger units in Canada, according to the latest data from the Assn. of Equipment Manufacturers (AEM).
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In this week's episode we take a look at President Joe Biden's recent executive order that encourages the Federal Trade Commission to make rules related to Right to Repair. In the Technology Corner, Ben Thorpe discusses the results of the 8th Annual Strip-Till Operational Benchmark Study and what precision technology strip-tillers plan to invest in in 2021. Also in this episode: Art's Way's second quarter and first half earnings and Kubota's results in the latest EDA Dealer-Manufacturer Relations report.