Tractor Sales Are Up, But That's Not the Whole Picture

June 15, 2017 09:24 AM
Tractor Sales Are Up, But That's Not the Whole Picture

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.

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