October Tractor Sales Mostly Flat

Dan Economy, Industry News Release

tractorSales 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 of two-wheel-drive tractors grew six percent compared to last year. There was a nine percent gain for under-40 horsepower tractors, a five-percent increase for 40-100 horsepower tractors, but a drop of eight percent for 100-plus horsepower tractors. October year-to-date growth for overall U.S. sales of two-wheel-drive tractors topped seven percent.

U.S. sales of self-propelled combines declined seven percent in October compared to last year. October year-to-date growth in U.S. sales reached 17 percent for combines.

Source: National Association of Farm Broadcasters