tractor

October Tractor Sales Mostly Flat

Dan Economy, Industry News Release

Sales of tractors remained mostly flat in October while combine sales declined. According to the Association of Equipment Manufacturer’s October Ag Tractor and Combine Report, overall sales remained positive year-to-date. U.S. sales in October, compared to last year, of four-wheel-drive tractors were flat with a one-percent drop month-over-month. October year-to-date growth was 13.5 percent for four-wheel-drive tractors. Total U.S. sales …

tariffs

Tariffs Harming Ag Equipment Makers

Dan Industry News Release, Trade

More tariffs in the tit-for-tat trade war between the U.S. and China means more suffering for agriculture and agricultural equipment makers. Feeling the brunt of the trade war since it started with tariffs on steel and aluminum, manufacturers of agriculture equipment are eager to see a swift resolve. Just last week, a coalition of manufacturing groups and associations sent a …

tractor

Monthly Tractor, Combine Sales Increase

Dan Industry News Release

Farmers and ranchers purchased more combines and tractors last month according to the latest data from the Association of Equipment Manufacturers. The latest monthly report shows tractor sales were up 14 percent in August, compared to the same period last year, and combine sales were up 23 percent for the month. Two-wheel- drive tractors under 40 horsepower sales increased 19 …

tariffs

Tariffs Impacting Ag Equipment Manufactures, Dealers

Dan Economy, Industry News Release, Trade

A survey by the Association of Equipment Manufacturers finds steel and aluminum tariffs are harming the industry. The survey, primarily focused on the current new equipment inventory levels, shows both dealers and manufacturers are aware of the potential effect of steel and aluminum tariffs on the industry. The survey found that overall, new inventory numbers are favorable, when traditionally dealers …

sales

Tractor, Combine Sales, Posting Strong Numbers

Dan Economy, Industry News Release

Overall U.S. sales of tractors and combines continued to post strong numbers, led by combines and four-wheel-drive tractors, according to the July 2018 report from the Association of Equipment Manufacturers. July U.S. sales of combines gained 37 percent compared to last year, with year-to-date growth of nearly 24 percent compared to last year’s January-July numbers. U.S. sales of four-wheel-drive tractors …

tractor

U.S. Tractor, Combine Sales Up

Dan Industry News Release

U.S. tractor and combine sales increased last month, according to the latest monthly measure by the Association of Equipment Manufacturers. The association’s monthly report shows sales of all tractors in the U.S. during May increased 17 percent compared to the same month last year. For the five months in 2018, a total of 96,700 tractors were sold which compares to …

steel

Equipment Groups Release Policy Survey Results

Dan Exports/Imports, Industry News Release, Trade

In April, the Equipment Dealers Association and the Association of Equipment Manufacturers surveyed their members about the impact of the Tax Cuts and Jobs Act and steel and aluminum tariffs on their businesses. Dealers and manufacturers were in consensus that the two most beneficial provisions of the tax legislation were the lower corporate tax rate and the favorable expensing provisions …

equipment

Equipment Sales Sluggish, but Positive

Dan Industry News Release

The latest monthly tractor and combine sales report from the Association of Equipment Manufacturers shows increased combine sales. U.S. retail sales of combines jumped almost 59 percent last month, compared to April of 2017. However, total tractor sales in the U.S. rose less than one percent, versus this time last year. AEM Senior Vice President of Ag Services Curt Blades …