Tractor Sales Slump in August

September 15, 2009 07:17 AM
 
 
AEM releases their August Flash Report for ag equipment sales. Overall tractor and combine unit sales are lower than 2008 levels and the five-year average.
 
For August, all two-wheel-drive farm tractor sales were down 27.5%. Year to date, the segment is down 22.3%.
 
Four-wheel drive tractor sales, for August, were down 6.4% compared with a year ago, but remain up 7.6% year-to-date.
 
Combine sales were up 38.1% for August compared with the same month a year ago, and remain up 31.7% year to date.
 
U.S. Ag Flash Reports

August 2009 Flash Report U.S. Unit Retail Sales
 

source: AEM  

Equipment August 2009 August 2008 % Chg. 2009 2008 % Chg. Beginning Inventory August 2009
Farm Wheel Tractors -
2 Wheel Drive
 
Under 40 HP 6,128 7,499 -18.3 58,310 74,217 -21.4 44,028
40 & Under 100 HP 3,436 5,403 -36.4 34,269 47,771 -28.3 27,277
100 HP & Over 1,124 1,837 -38.8 15,307 16,796 -8.9 8,426
Total - 2 Wheel Drive 10,688 14,739 -27.5 107,886 138,784 -22.3 79,731
 
Total - 4 Wheel Drive 350 374 -6.4 2,824 2,625 7.6 1,030
 
Total Farm Wheel Tractors 11,038 15,113 -27.0 110,710 141,409 -21.7 80,761
 
Combines
(Self-Propelled)
1,094 792 38.1 6,108 4,639 31.7 1,666


For more: AEM

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