According to the Association of Equipment Manufacturer’s monthly “Flash Report,” the sale of all tractors in the U.S. in May 2018, were up 17% compared to the same month last year.
For the five months in 2018, a total of 96,736 tractors were sold which compares to 92,154 sold thru May 2017 representing a 5% increase for the year.
For the month, two-wheel drive smaller tractors (under 40 HP) were up 20% from last year, while 40 & under 100 HP were up 7%. Sales of 2-wheel drive 100+ HP were up 20%, while 4-wheel drive tractors were down 6%.
For the year, two-wheel drive smaller tractors (under 40 HP) are up 6% from last year, while 40 & under 100 HP are up 3%. Sales of 2-wheel drive 100+ HP are down 1%, while 4-wheel drive tractors are up 2%.
Combine sales were up 52% for the month. Sales of combines for the year total 1,550 compared to 1,225 in 2017, a 27% increase.