The Assn. of Equipment Manufacturers is reporting that, except for mid-range tractors, sales of farm tractors and combines in the month of April were up year-over-year and year-to-date.
An April 26 report from Bloomberg was headlined “Farm Equipment Sales Plunge Most Since 2016 in Trade War Fallout.” The tractor and combine sales numbers published by the Assn. of Equipment Manufacturers (AEM) throughout the first quarter of this year don’t seem to tell the same story.
U.S. sales of ag tractors and combines remained in the plus column for February, according to the latest sales data from the Assn. of Equipment Manufacturers (AEM).
On a regional basis, the most significant shifts in 2018 occurred with AGCO’s South American sales, which declined by 3% compared to the previous year.
Both AGCO and CNH Industrial announced 2018 year-end sales results earlier this month. It would be safe to say that both posted strong numbers for the year.
The Assn. of Equipment Manufacturers' December U.S. Ag Tractor and Combine Report shows all machine categories recorded year-to-date growth as 2018 closed out.
North American large ag retail sales increased 5% year-over-year following a 9% decline in October, according to the latest Assn. of Equipment Manufacturers report.
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There was plenty of technology on display at the World Dairy Expo in Madison, Wis., a few weeks ago. Farm Equipment editor Mike Lessiter caught up with Monarch Tractor’s John Issacson and got his take on the top 5 applications in autonomy right now.