Tractor Sales Drop 16 Percent in March

Dan Economy, Industry News Release

(NAFB) — The Association of Equipment Manufacturer’s monthly Flash Report didn’t have good news when it came to March tractor sales. The overall sale of all tractors dropped 16 percent in March when compared to March of 2019. For the year, a total of 41,237 tractors were sold in 2020, compared to a total of more than 44,600 sold last …

September Equipment Sales Results

Dan Industry News Release

(NAFB) — September was a fairly solid month overall for retail sales of tractors and combines in the United States and Canada, according to the latest data from the Association of Equipment Manufacturers. Total farm tractor sales in the U.S. increased 18.7 percent in September compared to last year, while combine sales increased 12.3 percent. Year to date, total U.S. …

Yearly Sales of U.S. Tractors and Combines Rise

Dan Economy

The Association of Equipment Manufacturers released its “Flash Report” that says the total number of tractors sold in the U.S. was up seven percent when compared to 2017. The number of tractors sold in 2018 totaled 235,856, seven percent higher than the 220,605 tractors sold in 2017. During December of last year, the sales of two-wheel drive smaller tractors (under …

Equipment Manufacturers: Trade War Bad for Business, Risks Jobs

Taylor Hillman Industry News Release

Dennis Slater, President of the Association of Equipment Manufacturers, says his organization is disappointed that the Trump Administration is moving forward with more tariffs on China. Slater says the tariffs target vital parts and components used in equipment manufacturing throughout the U.S. “They will also drive up the cost of manufacturing in the U.S. and risk many of the 1.3 …

U.S. Ag Machinery Industry Says NAFTA Could Use Changes

Dan Industry News Release, Trade

New surveys by the Association of Equipment Manufacturers and the Equipment Dealers Association show modest satisfaction with the current North American Free Trade Agreement (NAFTA), but a suggestion that there is room for improvement. Survey results revealed that 36 percent of equipment dealers and 59 percent of manufacturers are largely satisfied with the existing terms of NAFTA, but that some …

Equipment Sales Show Ag Optimism Tied to Policy Promises

Dan Industry News Release

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 …

Overall Tractor Sales Trending Higher in 2017

Dan Industry News Release

Tractor sales in the United States increased again last month, representing a six percent increase since the beginning of the year. A monthly report by the Association of Equipment Manufacturers shows April tractor sales were up seven percent, compared to April of last year, with more than 67,000 sales reported. For the month, two-wheel drive under 40 horsepower tractors, were …