U.S. Tractor, Combine Sales Rose in January
According to the Association of Equipment Manufacturer's monthly "Flash Report," the sale of all tractors in the U.S. in January 2018, were up 4% compared to the same month last year.
Agri Marketing magazine reports that for the month, a total of 11,277 tractors were sold which compares to 10,834 sold thru January 2017 representing a 4% increase for the year.
Two-wheel drive smaller tractors (under 40 HP) were up 6% from last year, while 40 & under 100 HP were down 2%. Sales of 2-wheel drive 100+ HP were down 2%, while 4-wheel drive tractors were up 21%.
For the year, two-wheel drive smaller tractors (under 40 HP) are up 6% over last year, while 40 & under 100 HP were up 2%. Sales of 2-wheel drive 100+ HP are down 2%, while 4-wheel drive tractors are up 21%.
Combine sales are up 12% for the month. Sales of combines for the year total 229 an increase of 12% from 2017.
That's your Land and Livestock Report-I'm Russell Nemetz.