October Combine Sales Decline
Combine sales declined in October while sales of tractors remained mostly flat. The Association of Equipment Manufacturer’s October Ag Tractor and Combine Report shows overall sales remained positive year-to-date.
U.S. sales of self-propelled combines declined seven percent in October compared to last year, and U.S. sales of four-wheel-drive tractors were flat with a one-percent drop month-over-month. October year-to-date growth in U.S. sales reached 17 percent for combines and growth of 13.5 percent for four-wheel-drive tractors.
Total October U.S. sales of two-wheel-drive tractors grew six percent compared to last year: a nine percent gain for under-40 horsepower tractors, a five-percent increase for 40-100 horsepower tractors, and a drop of eight percent for 100-plus horsepower tractors. October year-to-date growth for overall U.S. sales of two-wheel-drive tractors topped seven percent.
Source; NAFB news