March U.S. Ag Equipment Sales See Growth in Some Sectors, Drops in Others
The month of March saw mostly positive numbers for U.S. sales of Ag tractors and combines, according to the latest sales data from the Association of Equipment Manufacturers (AEM).
Total 2-wheel-drive tractor sales for the U.S. in March experienced a 0.3 percent drop compared to March of 2018. However, under-40-HP tractors and 100-plus-hp both saw growth since March 2018 with a 0.2 percent and 4.8 percent change respectively. These increased sales were overshadowed by the 3.3 percent drop that 40-100-HP 2-wheel-drive tractors recorded, though, resulting in the 0.3 percent overall drop in total 2-whele-drive tractor sales from 2018 to 2019.
On the other hand, total sales for 4-wheel-drive tractors for the U.S. in March experienced a 13.4 percent growth from 2018 and self-propelled combined sales experienced a massive spike of 71.3 percent in sales.