The Association of Equipment Manufacturers has released its May 2017 monthly U.S. tractor and combine sales report. The positive news for OEMs – total sales are up 7.9% compared to a year ago. But broken out into three horsepower categories, the picture changes.
For 2WD tractors, under-40-hp tractors are up a healthy 12.7% from a year ago, with 17,707 total sales compared with 15,712 from May 2016. Meantime, 40-hp to 100-hp tractors saw a more modest increase of 1.8%, with 5,274 total sales compared with 5,183 a year ago. And tractors over 100 hp saw a sharp decline in sales of more than 20%, with 1,277 sales versus 1,605 in May 2016.
Meantime, 4WD tractor sales were up 25.9% from May 2016 (185 versus 147), while combine sales fell 8.6% (213 versus 233).
Year-to-date tractor and combine sales are up 6.5% compared to 2016, according to AEM. Similar reports for Canada and Russia saw positive year-to-date sales in those countries as well, at 18.0% and 35.4%, respectively.
For more information, visit www.aem.org/market-data/.