U.S. tractor sales in March increased six percent compared to a year ago. The Association of Equipment Manufacturers released its monthly sales report this week. The report shows that for the first three months in 2017, a total of 42,033 tractors were sold which compares to 39,878 sold through March 2016, representing a five percent increase for the year. For the month, two-wheel drive smaller tractors, rated 40 horsepower and under, were up ten percent from last year.
Meanwhile, sales of 40 to 100 horsepower tractors were up two percent; 100-plus horsepower two-wheel drive tractor sales were down 15 percent; but four-wheel drive tractors in the same category increased 21 percent. Combine sales were up 11 percent for the month, and sales of combines for the year so far totaled 715, a 16 percent decrease from levels last year.
Source: NAFB News Service