The latest report from the Assn. of Equipment Manufacturers shows unit sales increases in December and year to date for under 40 horsepower 2WD tractors in the U.S. and Canada compared last year. Sales of 40-100 horsepower 2WD tractors were down in the U.S. and Canada compared to last year.

According to the latest survey conducted by the Assn. of Equipment Manufacturers (AEM) and the Equipment Dealers Assn. (EDA), manufacturers and dealers are more in agreement on new-equipment inventory levels than they have ever been in the past.

Toro announces that its full-year net sales increased 19.8% over the prior fiscal year to a record $3.1 billion.

The latest report from the Assn. of Equipment Manufacturers shows unit sales declines in October for under 40 horsepower 2WD tractors in the U.S. and Canada compared to last year. Sales of 40-100 horsepower 2WD tractors were down in the U.S. and up in Canada compared to last year.

Catch up on what you might have missed with this round-up of trending stories.

Times are tough for producers, and dealers need a silver lining. Between the chaos caused by late planting, followed by the cloud of uncertainty created by the trade disputes with China, equipment dealers’ sentiment came in lower in this year’s Ag Equipment Intelligence 2020 Business Outlook & Trends Farm Equipment Forecast.

Sales of engines and turf products serving commercial applications increased by double digits, partially offset by lower job site sales due to timing of certain shipments.

About 40% of North American farm equipment dealers expect revenue from sales of new machinery to improve in 2020, while 37% forecast little or no change compared to 2019, according to Ag Equipment Intelligence’s 2020 Dealer Business Outlook & Trends survey.