Overall unit sales of agricultural tractors and self-propelled combines in June 2020 rose in the U.S., and for the first time this year, grew in Canada as well according to the latest data from the Assn. of Equipment Manufacturers (AEM).
Annual sales of combines in France continue to recover as the replacement cycle accelerates following 4 years of declining demand to a low point in 2017.
According to a report from Yonhap News Agency, Doosan Bobcat reported 1,400 compact tractors sold in the Jan.-May 2020 period, nearly half of its 3,000 tractor goal for the year.
Tractor sales activity across Europe has been dampened by COVID-19 restrictions and in some countries by weather and politics-related factors that have impaired farmers’ willingness to invest in new power units.
Since finishing up a good sales year for farm tractors in 2019, New Zealand tractor sales have plunged causing the industry to ask its government for help.
North American large ag equipment sales declined 20.1% in May, following April’s 11.1%drop. Mid-range and compact tractor sales were robust for the month, up 9.3% and
18.1%, respectively.
Tractor dealers across Australia are experiencing a boom in sales after disappointing activity during the first two months of 2020 pointed to a continuation of last year’s downward slide.
According to a report from ETAuto, Sonalika Tractors saw an increase in its sales last month, reporting 9,177 units sold, up 18.6% from 7,737 units sold in the same month last year.
UK registrations for tractors over 50 horsepower were down for the third month in a row in May. Total registrations were 582 tractors, compared to 1,008 registrations in the same month last year, a decline of 41.9%.
Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.