U.S. Tractor, Combine Sales up in July

by

According to the Association of Equipment Manufacturer's monthly “Flash Report,” the sale of all tractors in the U.S. in July 2018, were up 13{4c92fa2179cbca4bed3bb0c6c6ce267033d9d158a5f4060fb03bde3d74c11c2b} compared to the same month last year.

Agri Marketing magazine reports that for the seven months in 2018, a total of 144,995 tractors were sold which compares to 134,954 sold thru July 2017 representing a 7{4c92fa2179cbca4bed3bb0c6c6ce267033d9d158a5f4060fb03bde3d74c11c2b} increase for the year.

Two-wheel drive smaller tractors (under 40 HP) were up 16{4c92fa2179cbca4bed3bb0c6c6ce267033d9d158a5f4060fb03bde3d74c11c2b} from last year, while 40 & under 100 HP were down 1{4c92fa2179cbca4bed3bb0c6c6ce267033d9d158a5f4060fb03bde3d74c11c2b}. Sales of 2-wheel drive 100+ HP were up 31{4c92fa2179cbca4bed3bb0c6c6ce267033d9d158a5f4060fb03bde3d74c11c2b}, while 4-wheel drive tractors were up 78{4c92fa2179cbca4bed3bb0c6c6ce267033d9d158a5f4060fb03bde3d74c11c2b}.

For the year, two-wheel drive smaller tractors (under 40 HP) are up 10{4c92fa2179cbca4bed3bb0c6c6ce267033d9d158a5f4060fb03bde3d74c11c2b} from last year, while 40 & under 100 HP are up 3{4c92fa2179cbca4bed3bb0c6c6ce267033d9d158a5f4060fb03bde3d74c11c2b}. Sales of 2-wheel drive 100+ HP are up 5{4c92fa2179cbca4bed3bb0c6c6ce267033d9d158a5f4060fb03bde3d74c11c2b}, while 4-wheel drive tractors are up 13{4c92fa2179cbca4bed3bb0c6c6ce267033d9d158a5f4060fb03bde3d74c11c2b}.

Combine sales were up 37{4c92fa2179cbca4bed3bb0c6c6ce267033d9d158a5f4060fb03bde3d74c11c2b} for the month. Sales of combines for the year total 2,571 compared to 2,078 in 2017, a 24{4c92fa2179cbca4bed3bb0c6c6ce267033d9d158a5f4060fb03bde3d74c11c2b} increase.

Source: AEM


Leave a Comment

* By using the Northern Ag Network comment form, you agree to your email being collected for use on Northern Ag Network related projects, newsletters, and other content. We do not, and will not, sell your information.