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U.S. TRACTOR SALES UP 6% IN MAY, COMBINES DOWN 29% FOR THE YEAR
Jun. 13, 2016
Source: Agri Marketing magazine
According to the Association of Equipment Manufacturer's monthly "Flash Report," the sale of all tractors in the U.S. in May 2016, were up 6% compared to the same month last year.
For the five months in 2016, a total of 86,741 tractors were sold which compares to 82,781 sold thru May 2015 representing a 5% increase year to date.
For the month, two-wheel drive smaller tractors (under 40 HP) were up 9% from last year, while 40 & under 100 HP were up 1%. Sales of 2-wheel drive 100+ HP were down 4%, while 4-wheel drive tractors were down 26%.
For the five months, two-wheel drive smaller tractors (under 40 HP) are up 16% over last year, while 40 & under 100 HP are down 2%. Sales of 2-wheel drive 100+ HP are down 24%, while 4-wheel drive tractors are down 31%.
Combine sales were down 40% for the month. Sales of combines for the first five months totaled 1,408, a decrease of 29% over the same period in 2015.
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