U.S. Tractor, Combine Sales Up in November
Hi everybody it's time for your Land and Livestock Report here on the Ag Information Network of the West-I'm Russell Nemetz.According to the Association of Equipment Manufacturer's monthly "Flash Report," the sale of all tractors in the U.S. in November 2017, were up 9% compared to the same month last year.
Agri Marketing magazine reports that for the eleven months in 2017, a total of 203,208 tractors were sold which compares to 194,037 sold thru November 2016 representing a 5% increase for the year.
Two-wheel drive smaller tractors (under 40 HP) were up 10% from last year, while 40 & under 100 HP were up 11%. Sales of 2-wheel drive 100+ HP were up 3%, while 4-wheel drive tractors were down 22%.
For the year, two-wheel drive smaller tractors (under 40 HP) are up 8% over last year, while 40 & under 100 HP were even. Sales of 2-wheel drive 100+ HP are down 8%, while 4-wheel drive tractors are up 3%.
Combine sales were up 41% for the month. Sales of combines for the year total 3,638 an increase of 5% from 2016.
That's your Land and Livestock Report-I'm Russell Nemetz.