Tractor & Combine Sales Up During November
Agri Marketing magazine reports that for the eleven months in 2018, a total of 217,491 tractors were sold which compares to 203,216 sold thru November 2017 representing an 7% increase for the year.
For the month, two-wheel drive smaller tractors (under 40 HP) were up 2% from last year, while 40 & under 100 HP were down 8%. Sales of 2-wheel drive 100+ HP were up 4%, while 4-wheel drive tractors up 61%.
For the year, two-wheel drive smaller tractors (under 40 HP) are up 9% from last year, while 40 & under 100 HP are up 1%. Sales of 2-wheel drive 100+ HP are up 6%, while 4-wheel drive tractors are up 16%.
Combine sales were up 9% for the month. Sales of combines for the year total 4,233 compared to 3,629 in 2017, a 17% increase.