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U.S. SMALL TRACTOR SALES SOAR, LARGE EQUIPMENT DOWN
Oct. 13, 2014
Source: Agri Marketing magazine
According to the Association of Equipment Manufacturer's monthly "Flash Report," the sale of all tractors in the U.S. for September, 2014, were up 21% compared to the same month last year.
For the nine months in 2014, a total of 160,438 tractors were sold which compares to 153,337 sold thru September, 2013 representing a 5% increase year to date.
For the month, two-wheel drive smaller tractors (under 40 HP) were up 31% from last year, while 40 & under 100 HP were up 28%. Sales of 2-wheel drive 100+ HP were down 7%, while 4-wheel drive tractors were down 15%.
For the nine months, two-wheel drive smaller tractors (under 40 HP) are up 9% over last year, while 40 & under 100 HP are up 7%. Sales of 2-wheel drive 100+ HP are down 9%, while 4-wheel drive tractors are down 15%.
Combine sales were down 18% for the month. Sales of combines for the first nine months totaled 6,375, a decrease of 17% over the same period in 2013.
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