AEM March 2008 Flash Report

April 14, 2009 07:38 AM
 

The Association of Equipment Manufacturers released its sales report for March 2008 showing slower sales for farm equipment compared to March 2007 data and year-to-date numbers.

Two-wheel-drive tractor sales were down 21.5% compared to March 2007 and down 20.6% year-to-date. Four-wheel-drive tractor sales were down 17.5% compared to March 2007 and down 4.6% year-to-date.

However, self-propelled combine sales were up 32.7% compared to March 2007 and up 28.1% year-to-date.

Unit retail sales followed the seasonal upward trend for the month of March, but sales numbers are lower than the previous three years and the five-year average. 

 
Equipment
March 2009
March 2008
% Chg.
Y-T-D 2009
Y-T-D 2008
% Chg.
Beginning Inventory March 2009
Farm Wheel Tractors -
2 Wheel Drive
 
Under 40 HP
6,386
8,422
-24.2
13,475
17,515
-23.1
58,241
40 & Under 100 HP
4,236
5,665
-25.2
10,190
13,548
-24.8
32,700
100 HP & Over
2,444
2,565
-4.7
5,840
6,109
-4.4
7,495
Total - 2 Wheel Drive
13,066
16,652
-21.5
29,505
37,172
-20.6
98,436
 
Total - 4 Wheel Drive
381
462
-17.5
904
948
-4.6
783
 
Total Farm Wheel Tractors
13,447
17,114
-21.4
30,409
38,120
-20.2
99,219
 
Combines
(Self-Propelled)
585
441
32.7
1,630
1,272
28.1
1,014
 


Source:AEM.


For More Information: AEM



 


 

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