July Equipment Sales Report Released

August 14, 2009 04:25 AM
 
With the release of AEM's July 2009 flash report, farm equipment sales still sag below the five-year average. All horsepower segments of two-wheel-drive tractors were less than July 2008 sales and year-to-date sales numbers for the segment were less than 2008 numbers as well.
 
Four-wheel-drive tractor sales and combine sales are higher than July 2008 and year-to-date figures. The four-wheel-drive tractor market reports a 38.2% increase in sales compared with July 2008. Segment sales are up 10% year-to-date.
 
Combine sales are 33.7% more than July 2008 numbers, and year-to-date totals are 30.4% higher than the previous year.

Equipment July 2009 July 2008 % Chg. Y-T-D 2009 Y-T-D 2008 % Chg. Beginning Inventory July 2009
Farm Wheel Tractors -
2 Wheel Drive
 
Under 40 HP 7,794 9,304 -16.2 52,141 66,718 -21.8 46,495
40 & Under 100 HP 4,522 6,455 -29.9 30,859 42,368 -27.2 28,722
100 HP & Over 1,887 1,730 9.1 14,193 14,959 -5.1 8,912
Total - 2 Wheel Drive 14,203 17,489 -18.8 97,193 124,045 -21.6 84,129
 
Total - 4 Wheel Drive 405 293 38.2 2,475 2,251 10.0 1,109
 
Total Farm Wheel Tractors 14,608 17,782 -17.8 99,668 126,296 -21.1 85,238
 
Combines
(Self-Propelled)
1,143 855 33.7 5,015 3,847 30.4 1,536
 
 
For more: AEM

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