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U.S. FARM MACHINERY SALES SOFTEN IN MARCH
Agri Marketing magazine reports:

According to the Association of Equipment Manufacturer's monthly "Flash Report," the sale of all tractors during March 2022 in the U.S. were down 21% from the same month last year.

In March, a total of 24,715 tractors were sold which compares to 31,276 sold in 2021 - a 21% decrease.

For the month, two-wheel drive smaller tractors (under 40 HP) were down 26% from last year, while 40 & under 100 HP were down 14%. Sales of 2-wheel drive 100+ HP were up 7%, while 4-wheel drive tractors were down 2%.

For the year, two-wheel drive smaller tractors (under 40 HP) are down 11% from last year, while 40 & under 100 HP are down 4%. Sales of 2-wheel drive 100+ HP are up 13%, while 4-wheel drive tractors are down 1%.

Combine sales were down 10% in the month. Sales of combines for the month totaled 343 a decrease of 19% over the same period in 2021.

To read the entire report click here.


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