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U.S. TRACTOR SALES UP 6% IN MARCH, COMBINES UP 11%
Apr. 12, 2017
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 March 2017, were up 6% compared to the same month last year.
For the three months in 2017, a total of 42,033 tractors were sold which compares to 39,878 sold thru March 2016 representing a 5% increase for the year.
For the month, two-wheel drive smaller tractors (under 40 HP) were up 10% from last year, while 40 & under 100 HP were up 2%. Sales of 2-wheel drive 100+ HP were down 15%, while 4-wheel drive tractors were up 21%.
For the 1st quarter, two-wheel drive smaller tractors (under 40 HP) are up 14% over last year, while 40 & under 100 HP are down 4%. Sales of 2-wheel drive 100+ HP are down 13%, while 4-wheel drive tractors are down 13%.
Combine sales were up 11% for the month. Sales of combines for the year totaled 715 a decrease of 16% from 2016.
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