An industry group says retail sales of farm tractors and combines in the United States surged last month.
The Assn. of Equipment Manufacturers reports U.S. farm equipment dealerships sold nearly 59% more combines in April than in the same month a year ago. The group reported 920 combines were sold across the nation.
U.S. sales of farm tractors rose 6.4% in April, with 22,144 tractors sold.
Industry Outlook: How Does Your Dealership Stack Up?
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
