U.S. tractor sales in March increased six percent compared to a year ago. The Association of Equipment Manufacturers released its monthly sales report this week. The report shows that for the first three months in 2017, a total of 42,033 tractors were sold which compares to 39,878 sold through March 2016, representing a five percent increase for the year. For the month, two-wheel drive smaller tractors, rated 40 horsepower and under, were up ten percent from last year. Meanwhile, sales of 40 to 100 horsepower tractors were up two percent, and 100-plus horsepower two-wheel drive tractor sales were down 15 percent, but four-wheel drive tractors in the same category increased 21 percent. Combine sales were up 11 percent for the month, and sales of combines for the year so far totaled 715, a 16 percent decrease from levels last year.
From the National Association of Farm Broadcasting news service.
From: Association of Equipment Manufacturers
North American Tractor, Combine Sales Rebound
Canadian retail sales of farm tractors jumped more than 50 percent while self-propelled combine sales leaped more than 100 percent in March compared to one year ago, according to numbers released today from AEM.
U.S. retail sales of large four-wheel drive tractors and self-propelled combines rose by double digits in March compared to one year ago, and sales of farm tractors under 40HP and 40-100HP were also up for the month.
Click here to view the latest market data from AEM.
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