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US grain cart sales fall nearly 40%

FinanceInternationalMaquinac35 s readAI summary
Image: Maquinac

The US self-unloading grain cart market is going through a sharp contraction after the high-demand cycle of 2021 to 2023. According to an analysis by Tractor Zoom, retail sales fell about 40% year on year and time spent in inventory rose around 33%, to nearly 400 days. Lower farm profitability, slower combine sales and the durability of the equipment explain the weakness, while average grain cart capacity grew about 40% between 2021 and 2026.

In 35 seconds

  • Retail sales of self-unloading grain carts fell about 40% year on year, according to Tractor Zoom.
  • Time spent in inventory rose around 33%, to an average close to 400 days.
  • Lower farm profitability and falling combine sales are curbing demand for auxiliary equipment.
Read the full story at Maquinac

IASummary generated by artificial intelligence from a story by Maquinac. It may contain errors: the original source prevails.

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