U.S. and Canada combined large ag equipment sales declines accelerated in August, with 4WD tractor sales down 54.7% (down 30.1% in July), combine sales down 28.1% (down 22% in July) and row-crop tractor sales down 30.9% vs. the same period of last year (down 22.9% in July), according to the latest unit sales figures from the Assn. of Equipment Manufacturers.
Mid-range tractor sales decreased 5.6% year-over-year following a 19.6% increase in July and compact tractor sales decreased 0.2% after a 27.5% increase the previous month.
U.S. and Canada large tractor and combine retail sales decreased 32% year-over-year in August, down from a 23% drop in July. U.S. sales were down 33%, while Canadian sales were down 32%.