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National & World Ag News Headlines |
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U.S. May Tractor Sales Up Slightly, Combines Down
USAgNet - 06/13/2019
The Association of Equipment Manufacturer's monthly "Flash Report" notes that the sale of all tractors in the U.S. in 2018, were up 1% in May compared to 2018.
For the year, a total of 102,921 tractors were sold which compares to 96,722 sold in 2018 representing an 6% increase for the year, reports Farm Equipment magazine.
For the month of May, two-wheel drive smaller tractors (under 40 HP) were even compared to last year, while 40 & under 100 HP were up 3%. Sales of 2-wheel drive 100+ HP were up 9%, while 4-wheel drive tractors were up 2%.
For the year, two-wheel drive smaller tractors (under 40 HP) are up 9% from last year, while 40 & under 100 HP are even. Sales of 2-wheel drive 100+ HP are up 4%, while 4-wheel drive tractors are up 22%.
Combine sales were down 13% for the month. Sales of combines for the year totaled 1,744 compared to 1,547 in 2018, a 13% increase.
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