March Tractor Sales Drop

In March, a total of 24,715 tractors were sold in the U.S., compared to 31,276 sold during the month last year, a 21% decrease, according to the Association of Equipment Manufacturer’s monthly “Flash Report.”

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tractors
(AgWeb)

In March, a total of 24,715 tractors were sold in the U.S., compared to 31,276 sold during the month last year, a 21% decrease, according to the Association of Equipment Manufacturer’s monthly “Flash Report.” Compared to a year ago, two-wheel-drive under 40 HP tractors were down 26%, 40 & under 100 HP were down 14%, two-wheel-drive 100+ HP were up 7%, four-wheel-drive tractors were down 2% and combine sales were down 10% to 343. For the year, two-wheel-drive under 40 HP are down 11% from last year, 40 & under 100 HP are down 4%, two-wheel-drive 100+ HP are up 13%, 4-wheel-drive tractors are down 1% and combine sales are down 19%.

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