The latest data from the Association of Equipment Manufacturers shows U.S. sales of ag tractors and combines remained in the plus column in February. Total two-wheel drive tractor sales grew 17 percent compared to February of last year. That category was led by under-40-horsepower machines, which gained 24 percent over last year, as well as a seven percent gain for …
AEM Releases January Ag Equipment Sales Numbers
January 2019 saw increases in U.S. sales of combines and four-wheel-drive tractors as well as total U.S. two-wheel-drive tractor sales compared to January last year, according to the latest data from the Association of Equipment Manufacturers. The monthly sales report from AEM shows U.S. four-wheel-drive tractor sales gained 38.2 percent in January compared to last year and U.S. January combine …
U.S. Farm Equipment Sales Rises in September
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. For 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 …
Equipment Sales Sluggish, but Positive
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 …
2017 Farm Equipment Sales Up
Sales of farm tractors and combines increased in 2017, up five percent and four percent, respectively. The Association of Equipment Manufacturers latest monthly sales report found the sale of all tractors in the U.S. in December 2017, were up 18 percent compared to the same month last year. For the twelve months in 2017, a total of 220,500 tractors were …
John Deere Sales and Income Numbers Climb
Improving farm and construction equipment markets contributed to higher sales and income numbers for the fourth quarter and full year for John Deere. The company’s performance benefitted from advanced products and a flexible cost structure. John Deere’s 2018 income forecast calls for a net income of $2.8 billion. Net income for Deere and Company was just over $510 million, or …
October Farm Equipment Sales Increase
Tractor and combine sales for October increased from levels recorded last year. The Association of Equipment Manufacturer’s monthly report shows the sale of all tractors in the U.S. in October, were up 12 percent compared to the same month last year. For the month, two-wheel drive smaller tractors, under 40 horsepower, were up 12 percent from last year, while 40 …
John Deere to Supply Tractors in Cuba
In an agreement signed last week, John Deere is expected to be the first direct sale of U.S. machinery to Cuba in more than half a century. An agreement signed at the Havana Fair last week between John Deere executives and Cuba calls for the shipment of “several hundred tractors and associated implements” over a four-year period. Farm Equipment Magazine …
Equipment Sales Show Ag Optimism Tied to Policy Promises
A new industry report suggests improvements in optimism in agriculture is fueled by discussions over federal tax and regulatory reform. Farm Policy Facts reports policy experts are hopeful the momentum will continue, especially if Congress makes sound decisions regarding farm policy, which provides a foundation for the rural economy. Agricultural equipment sales have increased for six straight months, and the …
Agri View: Agricultural Equipment Sales
Everett Griner talks about agricultural equipment sales tracking agriculture in today’s Agri View. You know even the people who keep up with what goes on in the world of agriculture give little thought in the industry that keeps farmers going. Talking about the people who build the tractors, combines and other implements. In case you care, it hasn’t been too …