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TRACTOR SALES UP 15% IN AUGUST, COMBINES DOWN
Sep. 12, 2012
Source: Agri Marketing magazine
According to the Association of Equipment Manufacturers' monthly "Flash Report," the sales of all tractors in the U.S. for August 2012 were up 15% compared to the same month last year.
For the year 2012, a total of 122,276 tractors were sold, which compares to 112,999 sold through August 2011.
For the month, two-wheel-drive smaller tractor (under 40 HP) were up 12% from last year, and 40 & under 100 HP were up 11%. Sales of two-wheel-drive 100+ HP were up 27% from last year, and four-wheel-drive tractors were up 49% for the month.
For the first eight months, two-wheel drive smaller tractors (under 40 HP) are up 7% from last year, while 40 & under 100 HP are up 8%. Sales of 2-wheel drive 100+ HP are up 13%, while 4-Wheel Drive tractors are up 9% for the year.
Combine sales were down 12% for the month. Sales of combines for the first eight months totaled 5,263, a decrease of 12% over the same period in 2011.
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