U.S. Tractor Sales Up in March
U.S. tractor sales in March increased 6% compared to a year ago. The Association of Equipment Manufacturers released its monthly sales report this week. The report shows that for the first three months in 2017, a total of 42,033 tractors were sold which compares to 39,878 sold through March 2016, representing a 5% increase for the year.
For the month, two-wheel drive smaller tractors, rated 40 horsepower and under, were up ten percent from last year. Meanwhile, sales of 40 to 100 horsepower tractors were up two percent, and 100-plus horsepower two-wheel drive tractor sales were down 15%, but four-wheel drive tractors in the same category increased 21%. Combine sales were up 11 percent for the month, and sales of combines for the year so far totaled 715, a 16% decrease from levels last year.
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