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U.S. Tractor, Combine Sales Up During June
USAgNet - 07/11/2018
According to the Association of Equipment Manufacturer's monthly "Flash Report," the sale of all tractors in the U.S. in June 2018, were up 12% compared to the same month last year.
For the six months in 2018, a total of 123,316 tractors were sold which compares to 115,767 sold thru June 2017 representing a 7% increase for the year.
Agri Marketing magazine reports that two-wheel drive smaller tractors (under 40 HP) were up 15% from last year, while 40 & under 100 HP were up 4%. Sales of 2-wheel drive 100+ HP were up 16%, while 4-wheel drive tractors were up 23%.
For the year, two-wheel drive smaller tractors (under 40 HP) are up 8% from last year, while 40 & under 100 HP are up 3%. Sales of 2-wheel drive 100+ HP are ip 2%, while 4-wheel drive tractors are up 5%.
Combine sales were up 4% for the month. Sales of combines for the year total 2,011 compared to 1,669 in 2017, a 21% increase.
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