The last few years have been record years for North American tractor sales and for some it may be hard to remember a time when business wasn’t booming.
North American large ag equipment retail sales accelerated in June, driven by growth in row-crop tractor, 4WD tractor and combine sales which increased 27.5%, 8.4% and 18.1% year-over-year, respectively, according to data released by the Assn. of Equipment Manufacturers.
North American sales of ag machinery continued to see upward growth in April, with row-crop tractors and combines leading the way with a 26.7% and 63% increase year-over-year, respectively.
North American sales of ag machinery continued on its upward trend in March with strong growth, as reported by the Assn. of Equipment Manufacturers. According to Mircea (Mig) Dobre, machinery analyst with RW Baird, U.S. and Canada ag equipment retails sales grew across nearly every category as it has during the past several months.
North American sales of ag machinery in February, as reported by the Assn. of Equipment Manufacturers, represented “more of the same” that dealers and manufacturers have seen in the past year or more: a strong upward trend.
The strength of North American tractor sales during the last three years might lead one to believe that it’s always been this way, but dealers and others who have been around the business for more than a few years know better.
Total North American sales of farm tractors slipped by 2.8% in May compared with the same period in 2010, according to the latest figures released by the Assn. of Equipment Manufacturers (AEM).
North American combine sales jumped by 53% in May while retail sales of row-crop tractor sales continued to weaken, according to the latest report from the Assn. of Equipment Manufacturers.
March is the first of two seasonally important months for row-crop and 4WD tractor sales, and accounted for 11% of annual sales for each over the past 5 years.
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