U.S. Farm Equipment Sales Rises in September

Dan Industry News Release

The Association of Equipment Manufacturers monthly “Flash Report” says U.S. sales of all tractors back in September were up two percent compared to the same time frame in 2017.

farm equipmentFor the first nine months in 2018, a total of 181,515 tractors were sold, which compares to 168,651 sold through the first nine months of 2017. That represents an eight percent increase for the year. For September, the smaller two-wheel drive tractor (under 40 HP) sales were up two percent over last year. Tractors between 40 and 100 horsepower sales were down seven percent. Sales of two-wheel drive tractors over 100 horsepower were up 29 percent, while four-wheel drive tractors were up 52 percent. For the year, smaller two-wheel drive tractor sales were up 10 percent, while 40 through 100 horsepower tractor sales were up two percent. Sales of two-wheel drive 100-horsepower tractors were up nine percent. Four-wheel drive tractors were up 19 percent.

Combine sales were up nine percent for the month and 21 percent over the year.

Source: National Association of Farm Broadcasting News Service.